People who buy a home using a contract for deed will now have a longer cancellation period to make up unpaid monthly payments after new rules went into effect Aug. 1. Passed in this last legislative ...
Consumer Financial Protection Bureau (CFPB) director Rohit Chopra addressed a crowd gathered in person and via livestream for the Bureau’s latest hearing. Credit: Screen shot “Everything we’re going ...
Prospective homeowners who can't qualify for a home loan are often desperate to find options that don't involve a bank or mortgage lender. An alternative called contract for deed started booming after ...
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 ...
Learn the details of land contracts, including their seller-financed structure, and why they might be a viable option for ...
Marisela Orozco (foreground) is letting her sister, Marissa, live in the house she thought she would own after making almost four years of payments. Marissa lives there today rent free, but pays the ...
Contract for Deed LLC is excited to announce its mission to make homeownership more achievable for families in Minnesota through innovative contract for deed financing options. In a landscape where ...
This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. Prospective homeowners who can't ...
Some people who can't qualify for a mortgage, turn to a thinly regulated arrangement called contract for deed. Similar to renting to own, it rarely results in a buyer taking possession of the home.
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