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A land contract is a legal agreement where the owner finances the buyer’s purchase of a piece of real estate. Despite its name, a land contract isn’t necessarily an agreement to purchase a ...
However, if you're going to buy on a land contract, it's important to negotiate its terms up front in your purchase and sales agreement so the deal structure will work for you. In a land contract ...
Lease purchase agreements are considered a type of alternative financing (like land contracts). There’s not a lot of data about how often these arrangements succeed, so both parties should ...