Products tagged with 'vendor take-back agreement'

If you are selling a real estate property in Delaware, 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 Delaware.

You've found a buyer for your home, but they can't qualify for a conventional mortgage. If you can let them pay the purchase price over time, then this Florida Contract for Deed is for you.

• Under the Contract for Deed (or 'land contract'), the seller essentially becomes the mortgage lender. The buyer makes payments against principal and interest to the seller instead of to a bank.
• At the end of the agreed period of time, the remaining balance is payable in one balloon payment.
• If the buyer defaults, the seller has the right to terminate the agreement and take possession of the property. The buyer would forfeit all payments made.
• Available in MS Word format.
• Intended to be used only in the State of Florida.

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

When traditional mortgage sources tighten their requirements, some buyers no longer qualify. That's when a vendor assisted solution like this Indiana Contract for Deed is a good alternative.

• A contract for deed can also be used to provide bridge financing.
• The seller essentially takes the role of the mortgage lender and carries the balance of the purchase money.
• The buyer can pay off the balance by (i) monthly payments with interest until all of it is paid, or (ii) monthly payments with interest for a fixed number of payments with a balloon payment at the end.
• 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 is in default.
• Available in MS Word format.
• Intended to be used only in the State of Indiana.

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

Skip the mortgage broker and offer to assist the buyer of your home by carrying the purchase price under this Kansas Contract for Deed.

• A Contract for Deed (also called an installment sale contract or purchase money mortgage) allows the purchaser to make regular payments to the seller in much the same way as a regular mortgage.
• The difference between an installment sale contract and a mortgage is that the seller retains ownership of the property until the entire amount has been paid.
• Kansas law considers the purchaser an 'equitable owner', so the purchaser has many of the rights of an owner except for the ability to sell or transfer the property.
• The seller can foreclose on the property if the buyer defaults in payment and doesn't cure the default within a reasonable period of time.
• A Contract for Deed is an alternative to traditional mortgage financing. To download it, add it to your cart and pay for the form through our secure checkout.
• Intended for use only in the State of Kansas.