The housing market has been making a comeback over the past year or two, with several markets seeing double-digit price increases year over year. With interest rates still very low compared to historical averages, many Americans are considering buying a home, particularly if the monthly payments are similar to what they are currently paying to […]
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Is Alternate Home Financing Right for You?
By Richard Simon on March 19, 2014 in Mortgage
With the sharp increase in the number of bankruptcies and foreclosures, a growing number of consumers with poor credit are choosing alternate methods to finance a new home. The most popular way of going around the traditional lender is with a contract for deed. Contract for deed arrangements have been around for a long time. […]