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Fax Contract For Deed

Fax Contract For Deed

Aug 6th, 2022

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How to Fax Contract For Deed

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In the video, Michelle explains the concept of a contract for deed in property transactions. A buyer can acquire real property—such as a house, condo, or land—through outright purchase, a lease with an option to buy, or a contract for deed. A contract for deed involves the buyer making payments to the current property owner or a third party, like a bank, over a specified period. These payments may vary, including regular monthly installments, larger end payments, or equal payments throughout the term. Unlike outright purchases, the buyer does not gain ownership of the property until all payments are fully completed.

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