Ask Experts Questions for FREE Help !
Ask
    thebear30's Avatar
    thebear30 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 21, 2007, 12:07 PM
    Contract for deed
    I want to borrow the down payment money required for a contract for deed purchase offer, but want to ensure that the person I borrow from is registered on the deed. Is that allowed and how is it done?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Dec 21, 2007, 12:10 PM
    If you are entering into a contract for deed, then you generally do not get the deed transferred until the contract is satisfied. All that should be necessary is for the person to be a party to the contract. When the contractis satisfied, the deed would be registered to the parties to the contract.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Quit Claim Deed/Contract for Deed [ 7 Answers ]

Ok, I have posted before. I had a contract for deed piece of property, and have myself been going back and forth with a lawyer and the client. Trying to make a offer to end this nightmare. I offered them 1000.00 in 10 payments and at the end of that to sign a quitclaim deed or 500.00 and...

Contract for deed [ 1 Answers ]

I was offered to buy a house on contract for deed int the state of Illinois, and I was wondering about the laws that pertain to that. Can anyone help me? :confused:

Contract for deed [ 4 Answers ]

I have a contract for deed and I am starting to mistrust the seller. After reading all these answers from those who deliberately set up a bad credit person to Knowingly set that person up is getting me upset. What id like to know is could somebody please post some info and some help for one who...

Contract for deed [ 2 Answers ]

Is there a way to stop the person who is living on the property from selling it. We are buying it from the deed holder, but he says they can sell it out from under us so to speak.

View more questions Search