On August 13, 2024, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion stating that contracts for deed are “credit” under Regulation Z, and therefore subject to its myriad ...

If you are a retired couple or a professional between jobs and need steady monthly income by selling your home and carrying the contract, be certain you know exactly how the deal will be financed and ...

This home in Haysville was rented in 2021 using a lease with option to purchase, a unique payment structure that can be similar to a contract for deed. A new law regulating contract for deed home ...

Marisela Orozco (foreground) is letting her sister, Marissa, live in the house she thought she would own after making almost four years of payments. Marissa lives there today rent free, but pays the ...

Some people who can't qualify for a mortgage, turn to a thinly regulated arrangement called contract for deed. Similar to renting to own, it rarely results in a buyer taking possession of the home.

The Minnesota Attorney General's Office is investigating potentially exploitative real estate transactions that have targeted Somali and Hispanic immigrant homebuyers in the state. The attorney ...

Prospective homeowners who can't qualify for a home loan are often desperate to find options that don't involve a bank or mortgage lender. An alternative called contract for deed started booming after ...

The contract for deed option is marketed as a way for people who can’t get a conventional mortgage to realize the dream of owning a home. But more often than not, buyers do not end up as homeowners.