Products tagged with 'seller financing form'

In Missouri, a Contract for Deed is used to sell real estate in circumstances where conventional mortgage financing may not be available to the buyer.

• A contract for deed is also known as a "land contract" or "installment purchase agreement".
• The seller basically takes over the role of the mortgage lender. The buyer pays the purchase price in installment payments until the principal and interest is paid in full.
• Title to the property remains in the seller's name until the full amount has been paid, at which point the seller transfers and conveys the title to the buyer.
• The seller can foreclose on the property if the buyer defaults in making payments.
• This is a downloadable legal form in MS Word format.
• Intended for use only in the State of Missouri.

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.

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.

If you are selling a real estate property in New Hampshire, 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 in MS Word format and is fully editable to fit your exact circumstances.
• Intended to be used only in the State of New Hampshire.

If you are selling a real estate property in New Jersey, 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 in MS Word format and is fully editable to fit your exact circumstances.
• Intended to be used only in the State of New Jersey.

If a potential buyer of your property cannot qualify for conventional mortgage financing, you can help by carrying part or all of the purchase price under this Contract for Deed.

• A contract for deed is also referred to as a purchase money mortgage or a land 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.

The New Mexico Contract for Deed form is available in MS Word format and easy to use.