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Assignment of Contract for Deed by Seller Illinois  Form

Assignment of Contract for Deed by Seller Illinois Form

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because I live in Garden Grove and if I want to get in and out in an ax deal where the owner agrees to do an owner financing agreement with a buyer can you explain if title is transferred or deeded to the buyer and does the buyer get to claim the property taxes and homeowners insurance and the interest at the end of the year for their taxes the answer is yes when I read you're going to go get a purchase and sale agreement to purchase the property with owner financing from a seller then you're going to assign that agreement to a buyer to get an assignment fee that's an ax deal and when that closes that buyer is responsible for the taxes and the insurance as part of their monthly payment and the buyer gets to write off the interest that they pay and the seller had to claim the interest that they received and if they have an underlying loan then they get to write off the interest that they're paying follow for more [Music]

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