Installment Land Sales Contract
Definition of "Installment land sales contract"
An installment sale of land whereby the seller accepts a mortgage from the purchaser to complete the conveyance. After the mortgage has been satisfied, the deed is conveyed to the purchaser. In an installment land sales contract, the property deed is acquired after all installment payments have been completed.
Popular Real Estate Terms
Discounted value of net cash receipts to be obtained from a property. The present value calculation includes consideration of annual cash inflows plus the disposal value. ...
Device that cuts off an electric circuit when the current becomes to strong. ...
Type of mortgage, which is not based on a constant interest rate. ...
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Nonprofit charitable entity, such as one providing housing for the homeless. ...
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That’s the name of the study a Real Estate Broker presents to home sellers when trying to turn them into clients. In it, by making a comparison with the available houses in the market ...
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