Great video, if you have time, can you make a video about Sub To and Executory Contract (land contract) “scary” what if scenarios. For example: What if the seller files for bankruptcy? What if the seller tries to sell the house to someone else after you complete the transaction with them? What if they sue you years later because they claim you ripped them off? What if after the transaction the seller wants to buy a new home, but the original loan is still in their name? What if the seller dies, is the lender notified? Thank you
If a seller is accepting payments, which over the life of the agreement total say 1 million dollars. Can they sell the note that to an interested party at a discount for a lump sum? Thank you
Do you offer consulting services? I have a house I'd like to sell in two years. It is currently vacant. Would a land contract/contract for deed work for me if I have a potential renter who might also like to purchase it? How would this be different from a lease w/ option to buy?
Many investors have properties that won’t qualify for traditional financing due to condition etc or some sellers use land contracts as their primary business model as they have a 70% failure rate and usually come with high interest.
