Kansas City Contract for Deeds Information
- What are Contract for Deeds
Contracts for Deed are a type of owner financing of real estate. Owner and buyer enter into a contract where the owner gives the buyer a deed after the buyer pays the owner a predetermined amount of money. Generally, the contract requires the buyer to make payments over time with interest paid on the unpaid balance. Once the buyer pays all of the payments the owner gives the buyer a deed to the property.
More Kansas City Contract for Deed Information: