Because of the tighter credit requirements and higher down payments that banks are requiring from applicants, the greater New Orleans real estate market is experiencing more properties for sale that offer owner financing. Negotiating the terms of a owner financed transaction requires an in depth understanding of real estate financing regulations, procedures and costs. Whether you are a buyer or seller, having knowledgeable counsel …
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Bond for Deed
Louisiana real estate transactions
Louisiana Bond for Deed Contracts
Buyers or sellers who are interested in using a bond for deed contract should definitely seek legal counsel before offering for sale or purchasing real estate. There are specific rules that parties in a real estate transaction must follow, and it is important to pick the right escrow company to facilitate installment payments. The Louisiana legislature often amends the law …