The Star Tribune put out an article that talks about the people and organizations offering contracts for deed and how they can be a great option for buyers but can also be risky for buyers, especially if they don’t have help from someone experienced in those type of sales. It’s important that before buying a home on contract for deed that you speak with an attorney or real estate agent about the terms of the contract and have a title company provide title and closing services to ensure your contract is recorded with the county and there are no surprises with the ownership interests in the property.
