If you’re thinking to buy a home in your future, but you do not qualify for a conventional loan, there are Affordable Housing Options you can look into. One of the most common is a land contract home. A land contract is a security agreement between the seller (vendor) and the buyer (vendee) wherein the vendor holds the deed to the property until all agreed upon payments have been made in full.
Land contracts offer many benefits to both buyers and sellers. The sellers get a higher sales price for their property and no appraisal is required, plus they also receive monthly income from the buyer’s payments. For the buyer, everything is negotiable, including the length of the contract term, the interest rate, and the payments.
Are you looking for land contract homes right now? TheLandContract.com is here to help you find the perfect land contract home for your needs. This website offers a large selection of land contract homes in various cities and states in the U.S. If you’re looking for Raleigh Land Contract Homes, for instance, you’ll find many homes listed for land contract in Raleigh, North Carolina with accompanying property details and photos. Because of the website’s user-friendly search, it is so much easier to find your ideal land contract home. You can search by location, amenities, or price.