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Updated over 11 years ago,

Lucy Rowens's profile image
Lucy Rowens's profile image
Lucy Rowens
  • Renter
  • from Grant, Alabama
  • Member since Nov 1, 2012
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34
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2
Votes
Lucy Rowens's profile image
Lucy Rowens's profile image
Lucy Rowens
  • Renter
  • from Grant, Alabama
  • Member since Nov 1, 2012
Connect
Lucy Rowens
  • Renter
  • Grant, AL
2
Votes |
34
Posts
Buying & Selling Real Estate

FSBO using LAND CONTRACT vs Title

Lucy Rowens
  • Renter
  • Grant, AL
Posted

Why would an owner sell by issuing a LAND CONTRACT instead of the traditional way lending institutions do it at closing? After all isn't it the same when the buyer defaults to foreclose on them and the FSBO will get their property back anyway?

What should buyers be aware of when doing a LAND CONTRACT with a FSBO? Thanks in advance

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