Archive for the ‘Contracts’ Category

Buying Real Estate with Installment Contracts (2009-3-28)

A wonderful, but not widely known alternative method to purchasing real estate is through the use of an installment contract.
Sometimes called a “land contract” or “warranty agreement,” the installment contract is another creative approach to real estate investing, especially for prospective buyers who are currently unable to qualify for a satisfactory mortgage loan.
As its [...]

Elements of the Option Contract (2009-1-21)

Options typically contain the following elements:
● Period. The purchase option gives the buyer a limited time period to exercise the option’s purchase rights. The period is negotiable and can last from a few hours to a several years.
● Option fee. To obtain the option, the buyer usually [...]