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viewing posts with the tag "land contract" - (1)


Lease Option vs. Land Contract. One of the biggest differences between the two from the sellers standpoint is if your buyer fails to make payments you can just terminate the lease and have them out of your more...124

Lease Option vs. Land Contract. One of the biggest differences between the two from the sellers standpoint is if your buyer fails to make payments you can just terminate the lease and have them out of your property. In a land contract situation the buyer has "equitable title" of the property. That means if they fall behind on payments the seller would have to evict them. Lease options can be a safer route.