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When to use a Bond for Deed
May 19, 2011 | Posted in: Bond for Deed Information
¨ Mortgage Not Assumable—Use a Bond for Deed whenever the existing mortgage is not assumable. Anyone can make the payments of an existing mortgage and court decisions have clearly established that permission of the mortgage co... » Read More
What is a Bond for Deed?
May 19, 2011 | Posted in: Bond for Deed Information
Simply put a Bond For Deed is a form of Seller Financing. It is a contract to sell Real Estate in which the purchase price is paid in installments and title is transferred after the payments are made in full. In other states, Bond for ... » Read More
