Products tagged with 'nebraska real estate form'

A Contract for Deed (also called a land contract) is a form of seller financing that gives Nebraskans who can't qualify for regular mortgage financing a chance to purchase a home.

• The buyer will pay an initial downpayment, and then pay off the balance in regular payments.
• This template contains several alternate provisions for payment options, one with a balloon payment at the end.
• There are also alternate provisions for interest or no interest (for instance, if you were carrying the balance for a family member you might choose not to charge interest).
• You can choose the appropriate clauses for payment of taxes, insurance and assessments, based on whether the purchaser or the seller will be paying those expenses.
• A contract for deed (land contract) allows many more first-time home buyers to get into the property market.
• Available in MS Word format.
• Intended to be used only in the State of Nebraska.