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Contract for Deed Seller's Annual Accounting Statement Minnesota Form

Contract for Deed Seller's Annual Accounting Statement Minnesota Form

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it is a path to home ownership for people who can't get a traditional mortgage a contract for deed is an agreement to buy a home from a seller while the seller maintains ownership after a number of years the buyer could take over the home by assuming the remaining balance in many cases it can help people rebuild their credit but Renee Beno joins us now with more on what buyers need to watch out for Renee Mike and Alex over about the Last 5 Years there have been a noticeable spike in contract for deed sales throughout the Metro a Minnesota legal assistance group called Legal Aid has dealt with numerous victims of contracts gone wrong and says cases have climbed significantly in the Twin Cities with high foreclosure rates like Brooklyn Park and Brooklyn Center I spoke with a Robinsdale woman who had been pouring thousands into her home only to find out the seller wasn't paying the mortgage and in a matter of months she'll be kicked out at the time I really felt li

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