Highland Contract For Deed Lawyer
The mortgage crisis significantly changed how Americans think about owning homes and how they handle real estate transactions. Gone are the days when housing prices pushed higher and higher. Now, many people struggle to sell their homes or to obtain financing necessary to purchase real estate.
Contracts for deed can be a good solution. At the Highland, Illinois, law office of Donald R. Johannes, Attorney at Law, we draft and review contracts for deed for our clients and help resolve potential disputes before things get out of hand.
We represent either buyers or sellers, drafting agreements in which buyers agree to pay monthly installments for three to five years before eventually refinancing. This arrangement isn’t right for everyone. However, if a seller wants out of a house and is willing to delay receiving full compensation, it can be an excellent tool for moving forward. Contracts for deed also help buyers get into houses that are larger, nicer or better located than they would otherwise be able to afford.
Contact A Madison County Attorney About Private Financing Options
We can answer any questions that you may have related to contracts for deed on residential, farm or private property. Get an experienced lawyer’s answer to your questions. We invite you to call 618-654-7454 or toll free at 888-856-6039, or to contact us online to schedule a confidential consultation with a Highland contract for deed attorney.