Washington Contract for Deed Package

State:
Washington
Control #:
WA-P023-PKG
Format:
Word; 
Rich Text
Instant download

Description Contract Serves Form

This package contains essential legal documents that are used for owner financing of real estate by using a Contract for Deed. The documents in this package are State Specific and include the following:



This package contains the following forms:



1.) A Contract for Deed;

2.) Assignment of Contract for Deed by Seller;

3.) Notice of Assignment of Contract for Deed;

4.) Seller's Disclosure of Financing Terms;

5.) Seller's Annual Accounting;

6.) Notice of Default for Past Due Payments;

7.) Final Notice of Default for Past Due Payments;

8.) Notice of Intent to Enforce Forfeiture Proceedings;

9.) Final Notice of Intent to Enforce Forfeiture Proceeding and Request to Vacate;

10.) General Notice of Default; and

11.) Seller's Disclosure of Forfeiture Rights

Purchase this package and save up to 70% over purchasing the forms separately!

Free preview Discounted Deed Purchase
  • Form preview
  • Form preview
  • Form preview
  • Form preview

Seller Contract Accounting Related forms

How to fill out Financed Deed Contract?

Out of the large number of services that provide legal samples, US Legal Forms provides the most user-friendly experience and customer journey when previewing forms before buying them. Its complete catalogue of 85,000 samples is grouped by state and use for efficiency. All the documents available on the service have already been drafted to meet individual state requirements by licensed legal professionals.

If you have a US Legal Forms subscription, just log in, search for the form, click Download and get access to your Form name in the My Forms; the My Forms tab keeps all of your downloaded documents.

Keep to the guidelines listed below to get the form:

  1. Once you find a Form name, ensure it is the one for the state you need it to file in.
  2. Preview the template and read the document description before downloading the template.
  3. Search for a new template through the Search field if the one you have already found isn’t correct.
  4. Simply click Buy Now and select a subscription plan.
  5. Create your own account.
  6. Pay using a card or PayPal and download the template.

Once you have downloaded your Form name, you are able to edit it, fill it out and sign it in an web-based editor that you pick. Any form you add to your My Forms tab might be reused many times, or for as long as it remains the most updated version in your state. Our service provides quick and simple access to templates that fit both lawyers as well as their customers.

Decorative icon for this block

Contract For Deed Package

Are you going to buy or sell property using a Contract for Deed? Simplify the process with US Legal Forms. Just answer a few questions to get a professionally drafted package of state-specific forms.

Washington Contract Package Form popularity

Contract Deed Package Other Form Names

Seller Contract Retains   Deed Contract Purchase   Seller Disclosure Form   Seller Disclosure Retains   P023 Deed Contract   Seller Deed Purchase   Deed Contract Retains  

Discounted Deed Form FAQ

The interest rate on a contract for deed loan is typically 3% - 6% higher than the rate on regular mortgage. A higher interest rate means a higher monthly mortgage payment plus you are also responsible for property taxes and insurance even though you do not own the property.

Interest rates on land contracts can vary dramatically, and buyers and sellers ultimately call the shots on the loan's rate. That said, interest rates typically stay under 12%, Smith said. Federal loan regulations, as well as state usury laws, restrict sellers from overcharging interest fees.

The disadvantages are that a preprinted contract may not adequately fit a given A contract for deed allows buyers to purchase a home that's financed by the seller. The seller keeps the deed to the property, and therefore the property's ownership, until the contract is fulfilled.

Contract for Deed Seller Financing. A contract for deed is used by some sellers who finance the sale of their homes. Seller's Ownership Liability. Buyer Default Risk. Seller Performance. Property Liens Could Hinder Purchase.

The buyer must record the contract for deed with the county recorder where the land is located within four months after the contract is signed. Contracts for deed must provide the legal name of the buyer and the buyer's address.

A disadvantage to the seller is that a contract for deed is frequently characterized by a low down payment and the purchase price is paid in installments instead of one lump sum. If a seller needs funds from the sale to buy another property, this would not be a beneficial method of selling real estate.

A contract for deed is an agreement for buying property without going to a mortgage lender. The buyer agrees to pay the seller monthly payments, and the deed is turned over to the buyer when all payments have been made.

A disadvantage to the seller is that a contract for deed is frequently characterized by a low down payment and the purchase price is paid in installments instead of one lump sum. If a seller needs funds from the sale to buy another property, this would not be a beneficial method of selling real estate.

Forfeiture Contract Disclosure Trusted and secure by over 3 million people of the world’s leading companies

Washington Contract for Deed Package