A Mortgage Alternative for Lower-Priced Homes Comes With Risks
Seller-financed loans known as “land contracts” don’t involve a bank and lack the consumer protections available with traditional home loans. [Source]
Publication Date:Origin: nytimes.com
Category: Real Estate and Housing (Residential)
Topics: loans, traditional, available, protections, consumer, involve, don’t, contracts”, “land, known, Seller-financed, Risks, Comes, Homes, Lower-Priced, Alternative, Mortgage
Source: https://www.nytimes.com/2024/08/02/your-money/mortage-housing-land-contracts.html