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2. Seller financing - Wikipedia

   en.wikipedia.org/wiki/Seller_financing

   Seller financing contracts are subject to fewer consumer protections than mortgage loans in most states. While seller financing can provide a unique way for people with low credit scores to obtain a path to home ownership, they are considered predatory by groups such as the Center for American Progress. In addition, some investment firms have ...

3. Project delivery method - Wikipedia

   en.wikipedia.org/wiki/Project_delivery_method

   In Design-Bid-Build, owner develops contract documents with an architect or an engineer consisting of a set of blueprints and a detailed specification. Bids are solicited from contractors based on these documents; a contract is then awarded to the lowest responsive and responsible bidder. This is the traditional model for public sector ...

4. Wraparound mortgage - Wikipedia

   en.wikipedia.org/wiki/Wraparound_mortgage

   The seller, who has the original mortgage sells his home with the existing first mortgage in place and a second mortgage which he "carries back" from the buyer. The mortgage he takes from the buyer is for the amount of the first mortgage plus a negotiated amount less than or up to the sales price, minus any down payment and closing costs. The ...

5. Fewer homes went under contract in December amid high rate ...

   www.aol.com/finance/fewer-homes-went-under...

   The Pending Home Sales Index, which tracks contract signings on existing homes, dropped 5.5% from November to 74.2, snapping a four-month streak of gains, according to the National Association of ...

6. Land contract - Wikipedia

   en.wikipedia.org/wiki/Land_contract

   The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the ...

7. For sale by owner - Wikipedia

   en.wikipedia.org/wiki/For_sale_by_owner

   A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.

8. Lease purchase contract - Wikipedia

   en.wikipedia.org/wiki/Lease_purchase_contract

   It is a shortened name for a lease with option to purchase contract. For real estate, a lease purchase contract combines elements of a traditional rental agreement with an exclusive right of first refusal option for later purchase of the home. [3] Example of a lease with option to purchase contract for real estate

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   Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!