Traditionally when buying a property, people usually pay at the time of purchase, which is often considered a straight-out ...

SOUTH CHICAGO, Ill. (WLS) -- Land contracts, which according to the Cook County Recorder of Deeds are becoming more popular, may help some people who can't qualify for a traditional mortgage, but for ...

Also called an installment land contract, contract for deed or contract for sale, a land contract is a property sale where the seller holds the title of the property until you have paid for it. Absent ...

This ruling may curtail the long-standing practice of sellers using installment contracts to profit from successive buyers without affording them the protections typically associated with mortgage ...