Land Contract
There are many factors that go into determining the market
value of a seller held land contract. The duration, interest
rate, amount of the payment, the current value of the asset
securing the land contract, clear title, the pay history on
the land contract, the payer's credit history and the overall
risk of stepping into the land contract. Investors must weigh
all of these factors when making offers on seller held land
contracts. There is always a discount for taking over the
risk of stepping into seller land contract. Some companies
claim to be able to purchase land contracts at face value.
Don't believe it! There is a lot of work that goes into closing
one of these transactions and no company is going to do all
that work, just to have a payer pay off the note the next
day.
C & A Financial Programs, Inc. will do all of the work
associated with purchasing your seller held land contract
at no extra cost to you. You will be quoted a net amount to
purchase your land contract. C & A Financial Programs,
Inc. will pay for all title searches, appraisal costs and
all other expenses related to closing the transaction.
If you have a land contract to sell, fill out our
Land Contract Quote Form and send it and we will get the
process started, or call today and let our team of experts
assist you in finding the plan that is best for you!
MEMORANDUM OF LAND CONTRACT
A memorandum of land contract is an instrument evidencing
the existence of a land contract. The memorandum is recorded
with the Register of Deeds for the county in which the land
is located. |