



What are the risks of the seller overpricing the property in a contract for deed? What are the risks of the buyer overpaying for the property in a contract for deed?
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what are the disadvantages of a contract for deed Informational
- What are the risks of the seller delaying or obstructing the buyer's efforts to obtain financing to pay off the contract? How can the contract address the buyer's right to seek financing?
- 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?
- How can such predatory practices be identified and prevented?
- What is the ultimate goal in reforming or regulating contracts for deed? Is it to eliminate them entirely, or to ensure that they are used fairly and responsibly?
- What are the risks of the buyer not fully understanding the difference between ownership and possession under a contract for deed?
- Seller Disadvantages
- What duty does the seller have to disclose such material facts? What are the risks of the buyer not understanding the implications of a contract clause that requires them to pay the seller's legal fees in case of a dispute?
- Are prepayment penalties regulated by law in the context of contracts for deed? What are the risks of the buyer making partial payments that are not properly credited by the seller?
- How can policymakers learn from the experiences of other states or countries that have addressed similar issues? What are the ongoing debates and controversies surrounding the use of contracts for deed?
- How does a contract for deed affect the buyer's credit score? How does a contract for deed affect the seller's credit score?
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