How our Contract for Deed Works - PowerPoint PPT Presentation

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How our Contract for Deed Works

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... LLC) and the Buyer (you) for purchase of real estate property in which payment ... Blake Rentals, LLC carries the first Mortgage on the property ... – PowerPoint PPT presentation

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Title: How our Contract for Deed Works


1
How our Contract for Deed Works
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2
Blake Rentals, LLC Contract for Deed
  • The Contract for Deed is an agreement between the
    Seller (Blake Rentals, LLC) and the Buyer (you)
    for purchase of real estate property in which
    payment of the purchase price is paid in monthly
    installments over the two year period of the
    contract, with the balance due at the end of the
    two years.
  • Blake Rentals, LLC carries the first Mortgage on
    the property
  • Your monthly payments go towards the principle
    balance
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