Home Buying in 40165>Question Details

Krista, Home Buyer in 40165

Are there any contract for deed homes in Shepherdsville KY?

Asked by Krista, 40165 Tue Dec 15, 2009

Help the community by answering this question:


Call Nalley company realtors. They have homes for sale in 40165 that some sellers put on cfd.

Joel Lobb (NMLS#57916)
Senior Loan Officer
502-905-3708 cell
502-813-2795 fax

Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*
Louisville, KY 40222*
0 votes Thank Flag Link Fri Apr 26, 2013
Yes there are. However it will usually be with much higher interest rate but they are out there and the cost of the house is usually not negotiable.
0 votes Thank Flag Link Thu Feb 25, 2010
Contract for deed or Land contract, as it is commonly referred, is an option very few sellers make available to prospective buyers when LISTING their property with a real estate brokerage.

By definition , it is a real estate INSTALLMENT agreement allowing the buyer to use, occupy and enjoy the land, but no deed is given by the seller, thus, no title passes until all or a specified part of the sale price has been paid.

Listing agents are in the business to list and sell property and collect a commission at closing for their efforts. Therefore, a licensed realtor is most likely not the best resource to assist you.

Consider placing a classified advertisement in the local newspaper stating your desire to enter into a contract for deed arrangement. As with any financial transaction is is wise to consult your CPA, and involve an attorney to prepare the required documents.
0 votes Thank Flag Link Wed Dec 16, 2009
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