Land contracts can offer a path to homeownership without a traditional mortgage, but the financial responsibilities involved are not always straightforward. Property tax obligations in particular ...

If you're hoping to buy a building for your business, owner financing is one option. When the previous owner finances your purchase, you avoid the inconvenience of qualifying for traditional financing ...

Also called an installment land contract, contract for deed or contract for sale, a land contract is a property sale where the seller holds the title of the property until you have paid for it. Absent ...

A new report found about 1,000 recorded land contracts year-over-year since 2008 in Detroit as advocates call for regulation of the financial tool.

Seller-financed loans known as “land contracts” don’t involve a bank and lack the consumer protections available with traditional home loans. By Ann Carrns With traditional mortgages for lower-priced ...

The pandemic housing market has been especially tough for homebuyers looking at the lower end of the price spectrum. In June, homes sold under $100,000 fell by 27% compared to a year prior whereas ...

Thousands of Detroiters who have used nontraditional contracts to become homeowners have been largely boxed out of financial relief during the COVID-19 pandemic, according to a review of federal ...