Time is an important resource that every company treasures and tries to change in a advantage. When selecting document management software program, focus on a clutterless and user-friendly interface that empowers consumers. DocHub offers cutting-edge features to maximize your document managing and transforms your PDF file editing into a matter of one click. Delete Data in the Land Contract with DocHub to save a ton of time as well as improve your productivity.
Make PDF file editing an easy and intuitive operation that saves you plenty of valuable time. Effortlessly alter your files and give them for signing without looking at third-party solutions. Focus on relevant tasks and improve your document managing with DocHub today.
hello im robert todd and im here to talk about how to close a land contract and first of all a land contract is really nothing more than an installment contract to purchase land what happens in a land contract is the seller the owner of the land basically does the financing they enable the buyer to pay the land contract over a period of time such as 30 years but the difference is the seller the owner doesnt want to be financing the sale of the land over a 30-year period so even though the payments are initially determined as if you were paying over 30 years at the end of a time certain such as five years a balloon becomes due and owing meaning the other 25 years worth of payments are due at that point in time the buyer is probably going to have to finance the balance but the good news is at that point the buyer has made five years worth of payments and has a substantial amount of equity in the land and should be able to obtain financing easier im robert todd and thank you for watch
