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Florida Notice of Assignment of Contract for Deed Form

Florida Notice of Assignment of Contract for Deed Form

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Instructions and help about Florida Notice Of Assignment Of Contract For Deed

hey guys you know if you want to buy a house and you have the cash to buy the house you give the cash they sign the deed into your name now you own the house and you get the keys but most people don't have enough cash to buy a house so they have to take out a loan when they take out a loan they create the note the note is usually accompanied by a document called a mortgage that pledges the physical real estate as collateral in case they don't pay back the loan we all know that but some don't know that there's other collateral documents known as contract for deeds so in some places people purchase a house they get a loan and sign a note but they get a contract for deed instead of a mortgage this contract for deed has different rules and can allow the lender to take back the collateral far easier in some cases than having to go through a judicial foreclosure

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