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    Most of the disadvantages of land contracts for buyers of property stem from the fact that the vendee does not receive the deed to the property at closing. The vendee obtains equitable title, but the vendor (seller) retains legal title. This situation usually exists until the land contract is paid in full. Mortgage loan lenders are highly (excessively??) regulated, mostly to protect buyers/mortgagors. Land contract vendors are not.

    A individual seller can be more demanding than a lender. The vendor sometimes feels she

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    not receive the deed to the property at closing. The vendee obtains equitable title, but the vendor (seller) retains legal title. This situation usually exists until the land contract is paid in full. Mortgage loan lenders are highly (excessively??) regulated, mostly to protect buyers/mortgagors. Land contract vendors are not.

    A individual seller can be more demanding than a lender. The vendor sometimes feels sh

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    eller) retains legal title. This situation usually exists until the land contract is paid in full. Mortgage loan lenders are highly (excessively??) regulated, mostly to protect buyers/mortgagors. Land contract vendors are not.

    A individual seller can be more demanding than a lender. The vendor sometimes feels sh

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    tgage loan lenders are highly (excessively??) regulated, mostly to protect buyers/mortgagors. Land contract vendors are not.

    A individual seller can be more demanding than a lender. The vendor sometimes feels sh

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    A individual seller can be more demanding than a lender. The vendor sometimes feels she has the right to inspect your property. No seller has this right, unless you specifically have granted it in the land contract. A mortgage loan company will never do this.

    Some installment loan contracts give the seller an option of making the entire balance due and payable if only ONE payment is missed or is late. Be certain that your contract doesn't have a clause like this. You wouldn't want to lose y

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