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2. Land contract - Wikipedia

   en.wikipedia.org/wiki/Land_contract

   Land contract. A land contract, (also known as contract for deed or agreement for deed ), is a contract between the buyer and seller of real property in which the seller provides the buyer financing in the purchase, and the buyer repays the resulting loan in installments. Under a land contract, the seller retains the legal title to the property ...

3. Seller financing - Wikipedia

   en.wikipedia.org/wiki/Seller_financing

   Seller financing is a loan provided by the seller of a property or business to the purchaser. When used in the context of residential real estate, it is also called " bond-for-title " or " owner financing ." [1] Usually, the purchaser will make some sort of down payment to the seller, and then make installment payments (usually on a monthly ...

4. Wraparound mortgage - Wikipedia

   en.wikipedia.org/wiki/Wraparound_mortgage

   Wraparound mortgage. A wraparound mortgage, more commonly known as a "wrap", is a form of secondary financing for the purchase of real property. [1] [2] The seller extends to the buyer a junior mortgage which wraps around and exists in addition to any superior mortgages already secured by the property. Under a wrap, a seller accepts a secured ...

5. What does a real estate attorney do? - AOL

   www.aol.com/finance/does-real-estate-attorney...

   A real estate attorney specializes in matters related to property, including buying and selling homes. Hiring a real estate attorney can protect your interests in this large financial transaction ...

6. Due-on-sale clause - Wikipedia

   en.wikipedia.org/wiki/Due-on-sale_clause

   See also. Due-on-sale clause. A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance of the loan may be called due (repaid in full) upon sale or transfer of ownership of the property used to secure the note. The lender has the right, but not the obligation, to call the note due in such a circumstance.

7. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental ...