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Agreement or Contract for Deed for Sale and Purchase of Real Estate Aka Land or Executory Contract Maine Form

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Agreement or Contract for Deed for Sale and Purchase of Real Estate Aka Land or Executory Contract Maine Form

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so that's a great question and the way I typically explain it to people and the way I teach my coaching students to explain it is that basically first of all it's not to be confused with a rent to own or release option a lease option is exactly that it's a lease you are a landlord it's a lease and they have the option to purchase it with an agreement for deed or a contract for deed it is a set contract that at the end of that contract they now get the deed so the way I explain it to people is I tell them that when you buy a house using a bank you the deed goes into your name and then you make the payments until it's paid off and at the end you own it when you buy a house from us you make the payments till it's paid off and then the deed goes in your name it's the exact same end result um just a different way of going about it hope that clarifies that for you

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