7 Benefits of Purchasing with a Bond for Deed A Bond For Deed (BFD) is a contract to sell real property in which the purchase price is to be paid by the buyer; to the seller in installments; and [...]
1. Purchaser Defaults – Two months of mortgage payments needed to bring current The seller must also be aware that if the purchaser defaults on their obligations under the BFD contract, [...]
Benefits to Selling with a Bond for Deed There are many benefits to a seller in a BFD transaction. Here are 6 examples: 1. Advantageous Pricing & No need for appraised value [...]
Seller Financing Undergoes Nationwide Changes The seller financing regulations signed by Dodd-Frank Wall Street Reform and Consumer Financial Protection Act go into effect this month. Seller [...]