Ask Experts Questions for FREE Help !
Ask
    Bigbear_62's Avatar
    Bigbear_62 Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 8, 2010, 08:24 AM
    What is the lowest interest rate allowed by law on a contract for deed
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #2

    Dec 9, 2010, 07:04 AM

    Hello B:

    Minimum percentage rates on private contracts are NOT regulated.

    excon
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
    Uber Member
     
    #3

    Dec 10, 2010, 05:56 PM

    Can be zero if both parties agree.

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!

What is a good interest rate for a contract for deed [ 2 Answers ]

I am planning on buying a home through a contract for deed. The purchase price is 160,000. I will be discussing the terms with the owner shortly and would like to be knowledgeable. What is a good interest rate, and what are some important things to go over when deciding terms

State of Florida real estate contract for deed law [ 2 Answers ]

How long (approx) to remove a buyer of real estate with a contract for deed if they default on payments in Florida. Thanks very much.

Interest Rate For Contract For Deed [ 4 Answers ]

Hi, We are selling our house on contract and would like to know what interest rate is customary for a contract. We pay 5.95 on our arm loan and 8.5 on our second mortgage. We, of course would like to make some money, but not gouge the buyer. Thanks in advance, Lora


View more questions Search