Also called an installment land contract, contract for deed or contract for sale, a land contract is a property sale where the seller holds the title of the property until you have paid for it. Absent ...
The Consumer Financial Protection Bureau (CFPB) on Tuesday released an advisory opinion stating that contracts for deed are under federal home lending rules and should provide consumer protections. In ...
The Consumer Financial Protection Bureau is cracking down on contract-for-deed home financing deals by requiring that sellers disclose financing costs, assess a borrower's ability to repay and abide ...
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Risky contract-to-deed home sales are subject to the same protections as mortgaged-financed homes, the consumer protection agency said. By Matthew Goldstein A federal regulator signaled it would take ...
Going back many decades, it was common for Colorado real estate to be sold using an installment land contract, also known as a contract for deed. In an installment land contract, the buyer and seller ...