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Correct Owner Financing Contract

Correct Owner Financing Contract

Aug 6th, 2022

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How to Correct Owner Financing Contract

5 out of 5

73 votes

In this video, the presenter addresses subscriber confusion regarding the difference between owner financing and a contract for deed (also known as an installment plan contract). He explains that while both concepts are closely related, they primarily differ in the timing of the deed transfer. A contract for deed is a type of owner financing where the seller retains the deed until the buyer fulfills their payment obligations. The presenter aims to clarify this distinction simply, emphasizing that although they are similar, understanding when the deed transfers is key to grasping the differences between the two.

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