JIM SPANGLER CRS GRI
Contract also known as an "Installment Contract"
or in some parts of the country, "Contract for Deed" is designed as an agreement between the
Seller and the Buyer for the purchase of real property in which the payment of
all or a portion of the purchasing price is deferred. The purchase price may be
paid in installments over the period of the contract, with the balance due at
maturity. When the Buyer completes the required payments, the Seller must
deliver good legal title by the way of a deed. During the period of the
contract, the Buyer is making the installment payments on the purchase price,
the Buyer is entitled to possession of the property and equitable title to the
property while the Seller holds legal title and continues to be liable for
payment of any underlying mortgage.
HOMES FOR SALE IN THE DAYTON OHIO AND SURROUNDING AREAS
RELOCATION SERVICE TO AND FROM THE DAYTON OHIO REAL ESTATE AREA
you are interested in buying, selling, investing, renting or just want to stay
updated on the Dayton real estate market, this site has all the resources
and tools you need to help prepare yourself for a great real estate
experience here in Ohio .
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