Products tagged with 'colorado mortgage form'
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Colorado Contract for Deed
If you have a buyer for your home who can't qualify for a mortgage, you can carry all or part of the purchase price under this Contract for Deed.
- This legal template is governed by Colorado laws.
- A Contract for Deed is also referred to as a purchase money mortgage, owner financed mortgage, land contract, and installment agreement.
- The buyer has possession of the property as long as he/she is not in default.
- The seller can still sell or mortgage the property, but if the seller fails to make the mortgage payments, the buyer has the right to make them and the seller will reimburse the buyer.
- If the buyer defaults the seller can terminate the agreement and retake possession of the property. All payments made by the buyer are forfeited.
- Available in MS Word format.
$17.99
Colorado Mortgage Promissory Note
This Colorado Mortgage Promissory Note is part of the collateral security documentation for a home loan.
- Payments. The mortgagor will make regular payments of principal and interest until the balance is paid in full.
- Interest is a fixed rate.
- Acceleration. The balance owing becomes due and payable immediately if the borrower defaults in making any payment.
- Late payments result in late charges being assessed, which are calculated as a percentage of the late payment.
- Prepayment. The borrower may prepay the loan either with or without penalty, at the lender's discretion when writing up the Note.
- Available in MS Word format, easy to download, fill in and print.
- Intended to be used only in the State of Colorado.
$6.49
