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 ...

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 ...

Alan Nochumson, left, and Dylan Beltrami, right, of Nochumson. Courtesy photos. Can a buyer under an installment land contract lose their equity with a single missed payment? In Zanicky v. Skopow, 339 ...

You’ve probably heard the term, but do you know what a land contract really is? Instead of “For Sale by Owner,” it’s more like “Financed by Owner.” While this type of financing isn’t as common, there ...