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Buyer's Request for Accounting from Seller under Contract for Deed Alabama Form

Buyer's Request for Accounting from Seller under Contract for Deed Alabama Form

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Instructions and help about Buyer's Request For Accounting From Seller Under Contract For Deed Alabama

so you're buying your property subject to and the question that comes you want to take title to the property or take title under an executory contract now some states call an executory contract a contract for deed Others May call it a land contract and you've got to decide what works best for you personally I like to take control of the property and have the deed in my name as this eliminates any future issues that may affect the seller from affecting the property what if a judgment lien a tax lien of some sort is filed against the seller under an executory contract that's going to attach to the property and the seller is unable to cure those issues you as the investor buyer May wind up having to deal with that yourself so it doesn't mean not to utilize an executory contract it simply means try to take control of the property whenever possible if not and you still want to buy the house use an executory contract go for it

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