Land contract Sentence Examples

Homes for sale where the seller is willing to finance the buyer means that beyond the down payment, the seller will carry the mortgage, promissory note, land contract or enter into a lease to purchase agreement.

Other sellers will finance the entire purchase price, less the down payment and closing costs, or enter into a lease-to-purchase or land contract.

Interest - If you enter into a lease-to-purchase or land contract where the seller doesn't charge interest, you will receive no mortgage interest statement to utilize as a tax deduction.