contact for deed homes in minnesota: Contract For Deed or Rent to Own in Minnesota
- 08/10/10 04:27 AM
Often I get asked if I know of any Contract for Deed's or Rent to Owns available in the area. I do come across these type of "financing options" fairly often. However its important to know that the owner/seller in the situation is looking for a situation that will seemingly be a good situation now and in the future. A seller in these type of deals want 5% down or more. Often 10% is a fair number. The interest rate and payment is normally higher then the average rent in most of the cases as they are looking to cash flow
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