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When closing a seller-financed real estate deal using a land contract, it's crucial to focus on the land contract document, also known as a contract for deed. This document outlines the terms and conditions that both the buyer and seller must follow throughout the loan's duration. Although the process can be intimidating, especially for those unfamiliar with it, involving an attorney to prepare the necessary documents is often beneficial. However, for simpler transactions, such as selling a vacant lot at a low price, the process may be straightforward enough to manage without extensive legal help.