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In this video, the host explains the difference between owner financing and a contract for deed (also known as a land contract or installment plan contract). A subscriber expressed frustration over the apparent similarities between the two. The host clarifies that contract for deed is essentially a type of owner financing, making them similar. The key distinction lies in the timing of the deed transfer. In owner financing, the seller acts as the bank when they own a house outright, while in a contract for deed, the ownership is transferred later in the process. The video aims to simplify these concepts for better understanding.