Land Contracts For Real Estate

Land Contracts For Real Estate - EXPLAINED!

Рет қаралды 18,347

Clint Coons Esq. | Real Estate Asset Protection

Күн бұрын

Sealing the deal? You may be wondering if you should use a land contract.
For those wishing to invest in real estate, land contracts are going to be an important tool to protect you from a variety of complications.
Land contracts, or contract for deed, is an alternative method to an installment sale.
The process and benefits of a land contract are complicated but can offer many advantages in the right scenarios. It is vital to consult a knowledgeable attorney to go over the risks of this venture to gain a better understanding of what works best for you.
In this video, I will talk about what you need to know about land contracts, pros and cons of using a land contract, its importance.
Watch me break down the importance of land contracts in your real estate investing business and how they can help you.
Questions are always welcome, so feel free to reach out.
If you would like a FREE 45-minute consultation, you can request one here
👉 aba.link/zqv
Here’s a little about me and my book Asset Protection for Real Estate Investors
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Let’s Connect
For business or one-on-one real estate asset protection consulting inquiries, you can reach me at ccoons@AndersonAdvisors.com
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#landcontract #realestateinvestors

Пікірлер: 46

@ClintCoons 3 ай бұрын

If you would like a FREE 45-minute consultation, you can request one here 👉 aba.link/zqv

@AberrantArt 2 жыл бұрын

Thank you Clint! You're always sharing such great information! 👍

@ClintCoons 2 жыл бұрын

My pleasure!

@ozc804 2 жыл бұрын

FANTASTIC EXPLANATION CLINT , THESE AGREEMENTS DEFINITELY DIFFER FROM STATE TO STATE WELL SAID AND BROKEN DOWN !!🤝☮️🙏

@ClintCoons 2 жыл бұрын

Oz C Thanks for watching.

@kathymitchell3157 Жыл бұрын

Man your the best.

@ellenoir5678 2 жыл бұрын

Let's go coach you and Toby putting out great videos today as usual

@ClintCoons 2 жыл бұрын

Appreciate it!!

@MM-overtime 5 ай бұрын

Thank you! Been trying to find content on this

@ClintCoons 5 ай бұрын

You are on the right channel. 😄

@charsasso521 3 ай бұрын

Clint, Thank you so much for the info. A whole lot of things I sure didn't know. Thank you so much!!

@ClintCoons 3 ай бұрын

You are so welcome!

@lilianakuykendall1722 Жыл бұрын

I will take my Texas Real Estate exam soon, and your video helped me a lot! Thank you very much!

@ClintCoons Жыл бұрын

Best of success!

@robertruschak7083 Жыл бұрын

Excellent info 👍🏾

@ClintCoons Жыл бұрын

Glad you think so!

@ablejohnson Жыл бұрын

SOLID!

@ClintCoons Жыл бұрын

Thanks

@jefferytaylor8 Жыл бұрын

Can you do a video on buying a home on land contract from a buyer stand point? Things that you would recommend putting in contract.

@ClintCoons Жыл бұрын

I will add it to the list. Thanks for the idea. :)

@annetrabowman6508 Жыл бұрын

What type of insurance do they have to have

@scientificapproach6578 Жыл бұрын

Great video, if you have time, can you make a video about Sub To and Executory Contract (land contract) “scary” what if scenarios. For example: What if the seller files for bankruptcy? What if the seller tries to sell the house to someone else after you complete the transaction with them? What if they sue you years later because they claim you ripped them off? What if after the transaction the seller wants to buy a new home, but the original loan is still in their name? What if the seller dies, is the lender notified? Thank you

@ClintCoons Жыл бұрын

Great idea

@marissaliss567 2 ай бұрын

What happens if seller isn't putting buyers money towards the loan and property is foreclosed although buyers have paid

@ClintCoons 2 ай бұрын

You would be entitled to proceeds if the property is sold at auction and not assumed by the lender.

@user-ii9zb2zl5m 8 ай бұрын

How can I buy a piece of land with a fixer-upper on it I'm trying to get a place to live because I have cancer and I need a place to have

@Dee-vi3up Жыл бұрын

Do you offer consulting services? I have a house I'd like to sell in two years. It is currently vacant. Would a land contract/contract for deed work for me if I have a potential renter who might also like to purchase it? How would this be different from a lease w/ option to buy?

@ClintCoons Жыл бұрын

If you would like a FREE 30-minute consultation, you can request one here - aba.link/30minSession

@weirdshibainu 11 ай бұрын

If a seller is accepting payments, which over the life of the agreement total say 1 million dollars. Can they sell the note that to an interested party at a discount for a lump sum? Thank you

@ClintCoons 11 ай бұрын

Yes they can. Happens all the time.

@weirdshibainu 11 ай бұрын

@@ClintCoons Thank you

@sogrim4816 Жыл бұрын

Why would a buyer get into this type of agreement? Could it be do to the buyer possibly not being albe to get a traditional loan?

@ClintCoons Жыл бұрын

Exactly.

@sogrim4816 Жыл бұрын

There's always a market for duping the laymen

@strykerman8590 Жыл бұрын

Many investors have properties that won’t qualify for traditional financing due to condition etc or some sellers use land contracts as their primary business model as they have a 70% failure rate and usually come with high interest.

@amira1605 Жыл бұрын

Avoiding capital gains tax, avoiding realtor fees, some religious background don’t allow interest payments

@sogrim4816 Жыл бұрын

Seems to me a potential way to strong arm people