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"Contract for Deed" Seller financing. Title doe not pass thru to new buyer until all provisions are met in the contract . usuall a 3-7 year ballon payment is attached, once the seller is paid off title is transferred.
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∙ 15y ago
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I bought a house on contract bond for deed the seller took out a mortgage on this house and we recently found out that he is losing it by foreclosure what do I do?
You need to seek the advice of an attorney in your area ASAP. Bring a copy of your contract with you. You have encountered one of the worst disadvantages of purchasing real estate via a contract for deed. You can read all the aspects of such a sale at the link below. Scroll down to "Contract For Deed".
Onbne piece of property is owned by two heirs and one wants to sell to the other how would this be worded on the sales contract?
You should consult an attorney who can review your needs and draft the contract and the deed. The attorney who is handling the estate can help you since an estate that has real property must be probated.You should consult an attorney who can review your needs and draft the contract and the deed. The attorney who is handling the estate can help you since an estate that has real property must be probated.You should consult an attorney who can review your needs and draft the contract and the deed. The attorney who is handling the estate can help you since an estate that has real property must be probated.You should consult an attorney who can review your needs and draft the contract and the deed. The attorney who is handling the estate can help you since an estate that has real property must be probated.
Who excutes a Texas real estate contract?
A real estate contract may be executed by the buyer and seller; trustee; attorney; builder/contractor. Any party to a real estate contract may execute a real estate contract.
Who holds the tax benefits legal title or equitable title on a real estate contract?
A contract to purchase real estate gives the buyer no rights in the property except the right to purchase it. Title remains in the property owner until transferred by a deed of conveyance.
How do you get conveyance deed without landowner signature?
In order to transfer the ownership of real estate the owner must sign a deed. If the owner has died then the court appointed fiduciary can execute a deed if they have the right to sell real estate in the will or get a license to sell real estate from the court. After the estate has been settled the heirs can execute a deed.
What happens when the real estate does not want to fix the deed?
If there is a problem with the deed to a property usually the buyer/owner of the real estate will have title insurance that will clear up any deed issues. The real estate company or agent can do nothing about fixing a deed except to refer a client to a real estate attorney. Real estate agents are not attorneys (unless they do have a law degree and have passed the bar) and can get in serious trouble for offering legal advice to their principals.
What is a deed of assignment?
A deed of assignment transfers real estate from a debtor to a creditor.
Deed Transfers?
Deed transfers allow one party to transfer real estate to another party. Deeds are the legal documents used to prove ownership of real estate. When a seller gives the real estate to the buyer, he uses a deed transfer to legally complete the deal.
How do you cancel contract with real estate agent?
Prove that the Real Estate Agent has not completed his/her duties afforded to you in said contract.
What does a New York State Real Estate Deed look like?
show me what deed like
How do you convey their interest?
Interest in real estate is conveyed by a deed.
how do you remove deceased spouse name on a deed of the now deceased wife?
You need to consult with the attorney who handled the estate. The estate must be probated in order for legal title to real estate pass to the heir. The attorney can advise you about deed changes in your situation.You need to consult with the attorney who handled the estate. The estate must be probated in order for legal title to real estate pass to the heir. The attorney can advise you about deed changes in your situation.You need to consult with the attorney who handled the estate. The estate must be probated in order for legal title to real estate pass to the heir. The attorney can advise you about deed changes in your situation.You need to consult with the attorney who handled the estate. The estate must be probated in order for legal title to real estate pass to the heir. The attorney can advise you about deed changes in your situation.
