If you’re planning to buy a home but you cannot qualify for a conventional loan, there are affordable housing options you can look into. One of them is land contract homes. A land contract is a security agreement between the seller (vendor) and the buyer (vendee) wherein the vendor holds the deed to the property until all agreed upon payments have been made in full.
Land contracts offer many benefits to both vendors and vendees. The vendors get higher sales price for their properties and no appraisal, plus they also receive monthly income from the vendees’ payments. For the vendees, everything is negotiable, including the length of the contract term, the interest rate, and the payments.
Are you looking for land contract homes right now? TheLandContract.com can help you find the perfect land contract home for your needs. This website offers a vast selection of land contract homes in various cities and states in the U.S. If you’re looking for Mesa Land Contract Homes, for instance, you’ll find 17,430 listings of land contract homes in Mesa, Arizona with accompanying property details and photos. Because of the website’s user-friendly search, it is so much easier to find your ideal land contract home. You can search by location, amenities, or price.