

How can the power imbalance between buyer and seller be a disadvantage in a contract for deed?
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what are the disadvantages of a contract for deed Informational
- Buyer Disadvantages What are the risks for the buyer in a contract for deed?
- What are the implications of the seller holding the title until the contract is fulfilled? What are the implications of the buyer not holding the title until the contract is fulfilled?
- Can the buyer lose their investment if the seller defaults on their own mortgage? What due diligence should a buyer perform before entering into a contract for deed?
- What are the risks of the property being subject to eminent domain or government seizure during the contract period?
- What are the potential benefits and drawbacks of government regulation of interest rates in contracts for deed?
- What are the risks of the seller misrepresenting the condition or history of the property? What legal remedies are available to a buyer who has been defrauded?
- What are the risks of the seller claiming that the buyer is in default for minor or technical reasons? How can the contract define what constitutes a material breach of the agreement?
- How can the contract specify procedures for payment and communication?
- What legal remedies are available to the buyer in such situations?
- What are the risks of a buyer investing "sweat equity" into a property under a contract for deed?
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