(KMUW) — A new law regulating contract for deed home sales is now in effect ... that the contract they signed – technically, a lease agreement with option to purchase – was fraudulent ...

Contract-for-deed agreements, also known as land contracts or bonds for deed, generally feature inflated home prices and high interest rates. Unlike traditional mortgages, these agreements lack ...

This hearing discussed the issue of contracts for deed, used to purchase houses over ... contracts have also been used in place of rental agreements to neglect their responsibilities as landlords ...

One of the bills on their agenda could create protections for homebuyers who sign on to a contract for deed. A contract-for ... It's an alternative financial agreement. It's a little niche.

New mortgage underwriting criteria went into effect Jan. 10 requiring a debt-to-income ratio of less than 43 percent for most qualified mortgages. Even if you don't qualify for a mortgage under ...

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They collect an initial down payment and then monthly payments. The buyers in contract for deed agreements usually pay for taxes and insurance and they often pick up the tab for improvements and ...

A new law regulating contract for deed home sales is now in effect in ... that the contract they signed – technically, a lease agreement with option to purchase – was fraudulent because ...

In contract-for-deed agreements (also called bond for deed or installment land contracts), the purchase is often financed by the seller rather than a third-party mortgage company. One benefit to ...