Picture of Indiana Contract for Deed Picture of Indiana Contract for Deed

Indiana Contract for Deed

When traditional mortgage sources tighten their requirements, some buyers no longer qualify. That's when a vendor assisted solution like this Indiana Contract for Deed is a good alternative.

  • A contract for deed can also be used to provide bridge financing.
  • The seller essentially takes the role of the mortgage lender and carries the balance of the purchase money.
  • The buyer can pay off the balance by (i) monthly payments with interest until all of it is paid, or (ii) monthly payments with interest for a fixed number of payments with a balloon payment at the end.
  • Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
  • The seller has the right to take back the property if the buyer is in default.
  • Available in MS Word format.
  • Intended to be used only in the State of Indiana.
Document Type: Microsoft Word
Last Updated: 20-September-2022
SKU: 4977
$17.99
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