Products tagged with 'nevada mortgage form'

This Contract for Deed (installment sales contract or land contract) gives sellers the ability to sell a Nevada property to a buyer who does not qualify for a conventional mortgage loan.

• The contract for deed is an owner financed transaction in which the seller also becomes the mortgage lender.
• Even though the buyer takes possession of the property, title remains with the seller until all of the purchase price, plus interest (if any), has been paid in full.
• The seller has the right to repossess the property if the buyer fails to keep up the payments.
• The template includes several different repayment methods. Just choose the one you want and delete the others.
• When selling to a family member or close friend, a Contract for Deed is often a good solution.
• The form is available in MS Word format.
• Intended to be used only in the State of Nevada.