Products tagged with 'seller financing form'
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Maine Contract for Deed
If you are selling a real estate property in Maine, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed (or land installment contract).
- Under the terms of this Contract, the seller effectively becomes the mortgage lender for the balance of the purchase money.
- Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
- The seller has the right to take back the property if the buyer defaults in payment.
- At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
- This Contract for Deed form is available in MS Word format and is fully editable to fit your exact circumstances.
- Intended to be used only in the State of Maine.
$17.99
Maryland Contract for Deed
If you are selling a real estate property in Maryland, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed (or purchase money mortgage).
- Under the terms of this Contract, the seller effectively becomes the mortgage lender for the balance of the purchase money.
- Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
- The seller has the right to take back the property if the buyer defaults in payment.
- At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
- This Contract for Deed form is available in MS Word format and is fully editable to fit your exact circumstances.
- Intended to be used only in the State of Maryland.
$17.99
Massachusetts Contract for Deed
This Massachusetts Contract for Deed form offers buyers and sellers an alternative to traditional mortgage financing for the purchase of a residential property.
- The seller basically takes on the role of the mortgage lender, and the buyer makes monthly payments against the purchase price.
- Interest accrues on the unpaid balance.
- If the buyer defaults in making payments or in performing its other obligations under the contract, the seller must serve notice of the default with a date by which the breach must be cured.
- If the breach is not cured within the allotted time, the seller can retake possession of the property. All of the payments made by the buyer would then be forfeited.
- The template is available in MS Word format.
- Intended to be used only in the Commonwealth of Massachusetts.
$17.99
Michigan Contract for Deed
If you are selling a real estate property in Michigan, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed (or purchase money mortgage).
- Under the terms of this Contract, the seller effectively becomes the mortgage lender for the balance of the purchase money.
- Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
- The seller has the right to take back the property if the buyer defaults in payment.
- At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
- This Contract for Deed form is available in MS Word format and is fully editable to fit your exact circumstances.
- Intended to be used only in the State of Michigan.
$17.99
Minnesota Contract for Deed
Sell a real estate property to a buyer over time under the terms of this Minnesota Contract for Deed.
- Under the terms of this Contract (also known as a land contract), the seller in essence becomes the mortgage lender by allowing the purchaser to pay off the purchase price over time.
- Once the purchaser has paid all of the remaining balance, plus interest, the seller will transfer ownership of the property to the purchaser.
- If the purchaser fails to make the payments, the seller has the right to take back the property and keep all of the money that the purchaser has paid, as liquidated damages.
- By using a Contract for Deed, a Minnesota property owner can secure the outstanding balance owing under the contract.
- Available in MS Word format.
- Intended to be used only in the State of Minnesota.
$17.99
Mississippi Contract for Deed
Sell a real estate property to a buyer over time under the terms of this Mississippi Contract for Deed.
- Under the terms of this Contract (also known as a land contract), the seller in essence becomes the mortgage lender by allowing the purchaser to pay off the purchase price over time.
- Once the purchaser has paid all of the remaining balance, plus interest, the seller will transfer ownership of the property to the purchaser.
- If the purchaser fails to make the payments, the seller has the right to take back the property and keep all of the money that the purchaser has paid, as liquidated damages.
- By using a Contract for Deed, a property owner can secure the outstanding balance owing under the contract.
- Available in MS Word format.
- Intended to be used only in the State of Mississippi.
$17.99
