Products tagged with 'vendor take-back agreement'

If you are selling a real estate property and your buyer cannot qualify for a mortgage, you can carry all or part of the purchase price under the terms of this Contract for Deed for South Carolina.

• A contract for deed (also called a purchase money mortgage) allows a buyer to pay over time, with the seller carrying the balance until the last payment is made. Under the terms of this Contract, you as seller effectively become the mortgage lender.
• 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.
• Intended to be used only in the State of South Carolina.

If you are selling property in South Dakota to a buyer who can't qualify for a mortgage, you can carry all or part of the purchase price with this Contract for Deed.

• A contract for deed (or purchase money mortgage) allows a buyer to pay over time, with the seller carrying the balance until the last payment is made. 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.
• Intended to be used only in the State of South Dakota.

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Selling a real estate property in Tennessee but the buyers can't qualify for mortgage financing? You can finance all or part of the purchase price with this Contract for Deed.

• A Contract for Deed is also known as a purchase money mortgage or installment purchase 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 your option, the balance can be repaid by monthly payments with or without interest until paid, or by monthly payments with interest for a fixed number of payments and a final balloon payment at the end.
• The form is in MS Word format and is fully editable to fit your exact circumstances.
• Intended to be used only in the State of Tennessee.

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

If you are selling property in Utah to a buyer who can't qualify for a mortgage, you can carry all or part of the purchase price with this Contract for Deed.

• A contract for deed (or purchase money mortgage) allows a buyer to pay over time, with the seller carrying the balance until the last payment is made. 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.
• Intended to be used only in the State of Utah.

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Not all home buyers can qualify for a mortgage loan. This Contract for Deed allows sellers in Vermont to effectively finance the transaction for the buyer.

• A contract for deed (or purchase money mortgage) allows a buyer to pay the balance of the purchase price over time, with the seller carrying the balance until the last payment is made. The seller effectively becomes the mortgage lender for the transaction.
• The title deed is held by the seller and will transfer to the buyer once all of the purchase price (plus any applicable interest) has been paid to the seller.
• The seller has the right to take back the property if the buyer defaults in its payments.
• The seller can determine whether the balance is to be repaid by monthly payments (with or without interest), or by monthly payments with interest for a fixed number of payments with one final balloon payment at the end.
• The 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 Vermont.