Easily Hide List in the Contract For Deed/Land Contract

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How to Hide List in the Contract For Deed/Land Contract

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welcome back to this five-part video series about how to structure and buy real estate using creative financing this is video three in the series and on this video Im going to show you everything you need to know about structuring and buying real estate using a creative financing strategy known as a land contract or contract for deed get ready to learn what it is the pros and cons and how to use it to make money in real estate coming up hey its Geryon or the nations leading expert on flipping real estate and if youre new here to make more money and less time flipping real estate so you can live your dream life subscribe to my channel click the bell I kind of get notified when new videos are released just to clarify so theres no confusion mortgage states use a land contract and trustee states use a contract for deed but its basically the same thing for ease of use on this video Im gonna just use land contract a land contract is another form of creative financing and its a type o

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What does it mean if a listing is in contract?

In real estate, a home is under contract when a buyer and seller have signed and dated a legal document to purchase a home. The written agreement provides details about both parties and the property being purchased, along with a breakdown of the price and costs involved in the transaction.

What happens when you are under contract?

Under contract means that a seller has accepted an offer on the property, but the sale isnt final until all contingencies are met. It typically takes 4 8 weeks from the date the offer is accepted until the sale is complete.

How do I hide my name in real estate?

The three most common ways to hold title to property for enhanced privacy purposes is either through an LLC, a revocable trust or realty trusts, also known as land trusts or nominee trusts. The main attributes of these structures, often referred to as privacy vehicles, are explained below, but it is important to

What are the pros and cons of a land contract?

Pros And Cons Of A Land Contract Pro: Its Easier To Get Financing. Pro: Its A Win-Win For Sellers. Con: The Buyer Depends On The Seller. Con: Contract Vagueness. Con: Higher Interest Rates. Con: Homeownership Gray Area.

What is a common document used to eliminate the lien of a land sale contract?

Grant Deed A legal document used to transfer interest in real property in which the grantor guarantees that the property hasnt been sold to another party and the property is free of liens.

What does in contract mean on a real estate listing?

Under contract means the seller has accepted an offer, but there are still conditions to clear before closing. Active under contract means the seller is welcoming backup offers. Pending means the home is under contract, and all conditions have been met for the deal to close.

What does in contract mean in real estate?

A home thats under contract is one for which a seller has accepted a buyers offer to purchase the property. But before the sale of the home can actually close, certain contingencies (home appraisal, home inspection, buyer financing, etc.)

What is the difference between pending and in contract?

Under Contract: the buyer has made a formal offer and the seller has accepted (Step Four in the above list). Sale Pending: the home is under contract and all contingencies have been removed (that is, the requirements have been met).

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