have any of you had an expierience with a contract to deed on a home? did it work out the way you thought?

Answer 1

they usually do not .. Ive been a real estate broker for thirty years and rarely have I seen one go all the way to completion, the terms are not well laid out in most of these agreements for instant what is the purchase price ,down ,interest rate. closing fees and who pays them what type of deed will you get, do they now have a clear title to the property.. who pays for repairs before you close ,and who pays taxs, do you build equity in your rent payments and do you get that back it you dont close if paid for repairs do you get that money back.