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Rerrange Contract For Deed

Rerrange Contract For Deed

Aug 6th, 2022

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How to Rerrange Contract For Deed

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In this video, Michelle discusses the concept of a contract for deed in real estate transactions. She explains that when acquiring property, buyers can either purchase outright, engage in a lease with an option to buy, or enter into a contract for deed. A contract for deed involves the buyer making payments to the current owner or a lender over a specified period. Payment structures may vary, including regular monthly payments or a larger final payment at the end. Importantly, buyers do not gain ownership of the property until all payments under the contract are completed, distinguishing it from outright purchases.

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