Providing advice based on old methods is dangerous now as we are now talking about violations of federal law.Contract for Deeds BTW, as they use to be with a quit claim deed has new issues as well as such as a security agreement is now seen as circumventing foreclosure laws an can land a seller in court for an unlawful foreclosure.So, much has changed in just a a couple years with financing arrangements of any kind, most of the old ways are out the window an we need to take care in what is advised.But, you're right, you nee to fin the seller's needs an address those to make a deal work

Let’s punish consumers for what the big banks and Wall Street did to them!

Next step is to fill out the Unlawful Detainer form and have it notarized.

Contract for Deeds or Land Contracts were the most popular method of doing installment deals, but due to the new laws and issues around unlawful foreclosures I' m not seeing much use for them now, without major modifications to the point that they really wouldn't be seen as the old CFD.

Just like all examiners are not overzealous or out to punish..

Eventually, a buyer who attempts to refinance will bring the deal to light, lenders may not recognize unlawful contracts, then what's your plan?

I'm not telling you what to do here and the law says you must live there a year to bid owner occupant, but I'm having trouble finding anyone anywhere that has been caught buying illegally and has gotten punished?

Joe GoreDo you think it's fair that you get punished for paying an old debt?

That is correct however, there is jail and punishments for these other actions which go hand in hand with these types of schemes.

So sometimes for me it is a fine line between the punisher of losing profit on the one hand, and essentially acting immorally on the other (which causes me shame, which is a punisher).