BoardWalk Premier Realty INC is based in St.Paul Minnesota
twin cities metro area.
Specializing in Minnesota contract for deed homes for sale
located in all counties thru out the state.
We have been in Real Estate Sense 1996.
How does our Minnesota Contract for
deed programs work?
We will Draft the contract for deed-offer to purchase for
you and coordinate the closing with a title company or contract for deed with
your lawyer for you at no cost. We also encourage you to get a home inspection
when buying a house or building.
We will write your offer contingent upon the home
inspection for you if something comes up and you and the seller don’t agree to
terms you may cancel the contract for deed (-purchase agreement) right away.
We will do our best to protect you when buying or selling
a land contract in Minnesota.
Seller financed homes usually sell fast.
We can send you houses in a certain school district or
county if you desire. The more areas you search the more cd listings you will
find and the better change of successfully getting a home.
The owners financing the property decide what they like
for terms and we negotiate with them to help you get the best rate-length of
Wisconsin Residential offer to purchase agreement should
be drafted by a Real Estate professional.
Contract for deed requirements
Some type of proof of job history.
Are you self-employed? Bank statements or 1099 are always helpful.
Let us know if you are renting or if you are going thru a
How soon do you want to be in your new house?
Down payment. (10% down+ of the purchase price.
Rental history if this applies.
What is a contract for deed?
A method of real estate financing; a
mortgage-holding seller finances a buyer by taking a down payment and
subsequent payments in installments, but holds the title until the mortgage is
fully repaid. A land contract (sometimes known as a “contract for deed” or
an “installment sale agreement”) is a contract between a seller and buyer of
real property in which the seller provides financing to buy the property for an
agreed-upon purchase price and the buyer repays the loan in installments
What is Rent to own
Assists low- to moderate-income home
buyers in purchasing a home by allowing them to lease a home with an option to
buy; the rent payment is made up of the monthly rental payment plus an
additional amount that is credited to an account for use as a down payment.
What are Lease options?
A lease option (is different than a
lease purchase, a lease purchase binds both parties to the sale, where in a
lease option the buyer has the option but the seller doesn't) is the abbreviated
form of the appropriate term “Lease With the Option to Purchase
What is Carry Back Mortgage also
Known as a take back Mortgage
A type of Mortgage in which the seller offers
to lend funds to the buyer to help facilitate the purchase of the property. The
take-back mortgage often represents a secondary lien on the property, as most
buyers will have a primary source of funding other than the seller.
What is Seller Financing?
Seller financing is a loan provided
by the seller of a property or business to the purchaser. Usually, the
purchaser will make some sort of down payment to the seller, and then make
installment payments (usually on a monthly basis) over a specified time, at an
agreed-upon interest rate, until end of the contract.
What is Owner financing
A type of financing in which the
seller of a tangible item accepts a promissory note as a portion of the
purchase price. Also called seller financing-contract for deed MN.
WHY USE A LAND CONTRACT?
Although MN land contracts can be
used for a variety of reasons, their most common use is as a form of short-term
seller financing. Usually, but not always, the date on which the full amount of
the purchase price is due will be years sooner than when the purchase price
would be paid in full according to the amortization schedule. This results in
the final payment being a large balloon payment since the amount of the final
payment is so large, the buyer may obtain a conventional mortgage loan from a
bank to make the final payment.
MN Land contracts are sometimes
used by buyers who do not qualify for conventional mortgage loans offered by a
traditional lending institution, for reasons of unestablished or poor credit or
an insufficient down payment. MINNESOTA Land contracts are also used when the
seller is eager to sell and the buyer is not given enough time to arrange for
There can be other advantages of
using a contract for deed. When a third-party lender, such as a financial
institution, provides a loan, this third party has its own interests to protect
against the other two parties involved, the seller and buyer. Establishing the
correct title and value of the property to be used as collateral is important
to the lender.
Lenders commonly requires title
service including title search and title insurance by an independent title company,
appraisal and termite inspection of the property to ensure it has sufficient
value, a land survey to ensure there are no encroachments, and use of lawyers
to ensure the closing is done correctly.
These third party lender
requirements add to closing costs, which the lender requires the seller and/or
buyer to pay. If the seller is also the lender, these costs are usually not
required by the seller and may result in closing cost savings and fewer
complications. It may also be the seller's position that if the buyer requires
any of these services, he could pay for the costs and make arrangements
For properties where only
relatively undeveloped land is involved and if the seller is willing to
finance, the price of the empty land may be so low that the conventional
closing costs are not worthwhile and can be an impediment to a quick, simple
sale. Easy financing and a simple sale transaction may be a good selling point
for a seller to offer a buyer.
Minnesota contract for deeds may
also allow the buyer to assign his equitable title/interest in the property to
yet another buyer even before the loan is paid in full, subject to conditions in
the contract for deed in MN, effectively reselling his equity in the property
to the new buyer.
SEARCH contract for deed HOMES FOR
TWIN CITIES METRO AREA-SUBURBS-AND RURAL LOCATIONS
COUNTY CONTRACT FOR DEED HOME
St.Paul contract for deed homes or Minneapolis contract
for deed properties.
Owner financing is a great way to get a home with out
using a bank
Less paper work
Easier to qualify-cheaper closing costs
Closing can be very quick if the property is vacant
If home is vacant closing can be within two weeks
for our customers.
If you have properties you want to sell or you are having
a hard time selling your house email or call us
"""NO BODY HAS MORE CONTRACT FOR DEED HOMES
IN MN OR western WI THAN US""
Owner financing is tricky and needs to be done with a Real
Estate broker who specializes in contract for deeds.
RAMSEY COUNTY CONTRACT FOR DEED HOME
Located in the twin cities metro areas. Saint Paul is the
2nd largest city.
We work with contract for deed homes
in Minnesota & Wisconsin on a daily.
BoardWalk Premier Realty INC
Contract for deed Brokerage
WE WILL HELP YOU FIND properties of your choice.
MINNEAPOLIS CONTRACT FOR DEED HOMES
Housing has never been easier. Find all types of
properties in suburbs-rural areas. Lofts-condo's down town.
CONTRACT FOR DEED HOME IN STILLWATER-WOODBURY-WHITE
BEAR LAKE-COTTAGE GROVE-FOREST LAKE
These properties are located in Washington County.
Located in eastern part of the state.
Contract for deed homes in
Burnsville-Lakeville-Eagan-Apple valley-Mendota Heights
Properties located in southern Minnesota- Dakota County.
Types of properties you will find here.
We work with buyers-sellers-rent to own-Vacation
houses-lake homes-land-waterfront properties-acreage land. Contract for deeds
-condo-town houses-real estate-Hobby farms-owner financing-land-New
construction-acreage-lake view-access-river-single family Deeded access.
BAD CREDIT-Self employed-relocating-short
sale-Foreclosures tax issues.
We can help you.