Contract for deed can be house of horror for buyers. High-risk housing often is sold on such contracts, with little or no oversight. By Jeffrey Meitrodt. July 5, 2013 at 10:27AM ...

Buying or selling a property for the first time is a massive commitment that comes with a number of challenges. In this post, ...

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently released a critical advisory opinion and research report concerning contract-for-deed home financing. This form of ...

Land installment contracts, also known as “contracts for deed,” are seller-financed home sales in which a homebuyer makes regular payments to the seller over a period of 30 or 40 years, but ...

“In a contract for deed, buyers purchase a property over time directly from a seller, without a bank or other lender financing the purchase,” explained Sen. Tina Smith (D-MN).

Senators call for further oversight, consumer protections in contract for deed real estate transactions by Jessica Lussenhop 07/13/2023 02/06/2024. Share this: ...

But just two months later, he said, the contract had already become unmanageable. His family is at risk of losing not only the house, but about $100,000 they have paid, including a hefty down payment.

Minnesota senators met Thursday to discuss a bill that would create protections for homebuyers who sign on to a contract for deed. Minnesotans have lost homes and huge sums of money to these deals.

The office said anyone wishing to submit a complaint about contracts for deed can fill out its Tenant Report Form online, or call 651-296-3353 or 800-657-3787. Jessica Lussenhop X ...

Contracts for deed — also called "land contracts," "installment land contracts" or "bonds for deed" — are structured to allow a seller to retain the legal title of land until the buyer completes all ...

Minnesota attorney general opens investigation into contract-for-deed real estate practices Following a ProPublica and Sahan Journal report, authorities are examining fast-tracked real estate ...