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Agreement for Deed Explained

Posted on December 29, 2009 by admin

In today’s real estate market, the lending guidelines are so tight that normal blue collar people cannot qualify for a loan to purchase a home. Due to these tight lending guidelines, the market is suffering tremendously and sellers have very few options. One option that is shining enormous light on the situation is seller financing, also known as “agreement for deed” or a “land contract”.

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