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Convert Owner Financing Contract to Excel

Convert Owner Financing Contract to Excel

Aug 6th, 2022

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How to Convert Owner Financing Contract to Excel

4.6 out of 5

60 votes

In this video tutorial, the host addresses a subscriber's confusion about the differences between owner financing and a contract for deed (also known as an installment plan contract). He acknowledges that these terms can often sound the same, but points out that a contract for deed is essentially a type of owner financing. The key distinction lies in the timing of the deed transfer; in owner financing, the seller retains the deed until the buyer pays off the loan, while in a contract for deed, the deed is transferred only after the buyer fulfills the payment terms. The host aims to clarify this concept simply for viewers.

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