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Land contract homes are homes that allow buyers to pay for the home in increments instead of a lump sum through a lender, according to SFGate. When the land contract is signed, the buyer pays a cash down payment and addi... More »

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To sell a home under a land contract, describe the property; price the property; make the payment plan; draft and sign the contract; and file a copy of it with the county land recorder, according to David Carnes for SFGa... More »

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According to OurValleyHomes.com, Remax Realtor's Ohio site, it is illegal for real estate agents to write a land contract unless they are licensed attorneys in Ohio. However, Realtors are still willing to work with buyer... More »

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When a home is in foreclosure the mortgage lender exercises his ability to enforce payment on a loan and sells the borrower's home to pay the default loan amount, according to SFGate. A borrower risks foreclosure if he s... More »

www.reference.com Business & Finance Real Estate Finding a Home

Individuals can find low-income rental homes by turning to the U.S. Housing and Urban Development website to search for subsidized homes in their area or any area they wish to reside, says SFGate. Individuals can also co... More »

www.reference.com Business & Finance Real Estate Finding a Home

Finding rent-to-own properties involves searching for the properties on websites that specialize in rent-to-own homes, contacting real estate agents and property owners, and checking for properties in the newspapers, acc... More »

www.reference.com Business & Finance Real Estate Finding a Home

The length of a rate lock for a home can vary depending on the agreement between the lender and the borrower. The more typical time periods are 10, 15, 30, 45 and 60 days. More »

www.reference.com Business & Finance Real Estate Finding a Home