Tag: real estate contracts
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The Home Sale Is Pending. What Could Possibly Go Wrong?
If you’re shopping for a new home, you notice when this signage pops up: Sale pending. It’s a firm signal that a buyer has dibs on the home. “We’re almost there!” it shouts for the world to hear. Almost there, but some loose ends still must be tied. Home sellers might ask: What could scuttle…
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Ready to Close—But the Home Isn’t Empty
You’re ready to close on your new home. There’s just one issue. On what you thought was your final walk-through, the home still has an occupant. Or, surprise! It’s still cluttered with the seller’s rugs and lamps. Let’s talk about how to avert this scenario — and how to deal with it if and when…
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Federal Update: New Contract for Deed Rules
Contracts for deed – sometimes called installment contracts, land sales contracts, or owner carry – leave the deed until the borrower pays for the home in full. Until then, the borrower lives in and maintains the home. This is a type of seller-financed home sale – and it’s one way to avoid getting entangled with…
