Land Contract Chris Coyier
October 11, 2013 I signed the papers and wired the down payment to buy my first home yesterday. I don’t actually own it yet though. The papers were for a 2-year land contract deal. The current owner still technically owns it for two more years. At the end of that two years, I owe him the rest of that money. The idea is that I’d get a loan then to pay that, then I’d have a traditional mortgage.
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