Simplify Your Home Purchase – Contract for Deed / Land Contract Explained
A Contract for Deed / Land Contract is an alternative financing option that allows you to make payments directly to us over a set period.
Unlike traditional mortgages, this method provides flexibility for those with unique financial situations, ensuring you can move into your new home sooner.
A Contract for Deed / Land Contract is an alternative financing option that allows you to make payments directly to us over a set period. Unlike traditional mortgages, this method provides flexibility for those with unique financial situations, ensuring you can move into your new home sooner.
Is Contract for Deed / Land Contract Right for You?
Who Should Consider This Option? Contract for Deed / Land Contract is perfect for buyers facing:
- Credit challenges or limited credit history
- High debt-to-income ratios
- Self-employment or inconsistent income
- Recent bankruptcy or foreclosure
- Recent job changes or lack of 2-year work history
- Divorce or other personal circumstances
Benefits of a Contract for Deed / Land Contract
We offer flexible and innovative financing solutions to help you secure the home of your dreams. Whether you have faced challenges with traditional lending or are simply exploring your options, we are here to guide you every step of the way.
How the Contract For Deed process works
See how much money you can be approved for today!
Enter your details below to receive personalized financing options tailored to your unique needs. Every situation is different, so let’s explore how to secure your Contract for Deed / Land Contract today!
FAQ
Frequently Asked Questions for Homebuyers About Contract For Deeds / Land Contracts
What is the difference between a Contract for Deed and Land Contract?
A Contract for Deed and a Land Contract essentially mean the same thing… Both terms describe an agreement where the buyer purchases a home directly from the seller through installment payments rather than a bank mortgage. The buyer gains equitable interest (the right to occupy and benefit from the property), while the seller retains legal title until the contract is paid off or refinanced.
Different states use different terms — Contract for Deed, Land Contract, or Installment Sale Agreement — but the structure and purpose are the same.
Minnesota = Contract For Deed
Wisconsin = Land Contract
How does a Contract for Deed / Land Contract differ from a traditional mortgage?
A traditional mortgage means you borrow money from a bank, receive the deed at closing, and make payments to the mortgage company until the loan is paid off.
Under a Contract for Deed or Land Contract, Contract For Deed LLC buys the property you choose, and you move in while making monthly payments to us instead of a lender. We hold the deed until the contract is fulfilled or refinanced, then transfer full ownership to you.
This process allows buyers to purchase a home with flexible credit requirements, faster approvals, and no traditional bank mortgage.
How does a Contract for Deed / Land Contract work?
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Apply and get pre-approved. We evaluate your income, credit, and down payment to determine your budget.
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Find your dream home. You choose the home you want to buy — not from our inventory, but from any qualified listing on the market.
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We buy the property. Contract For Deed LLC purchases the home on your behalf.
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You move in. You take possession under a Contract for Deed agreement and start making monthly payments.
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Build equity. As you pay, you gain equitable ownership and a track record that helps you refinance later.
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Refinance or complete the term. Once the balance is paid or refinanced through a traditional lender, you receive the deed and full legal ownership.
This model offers an accessible path to homeownership for buyers who can’t yet qualify for a traditional loan.
What are the benefits of choosing a Contract for Deed / Land Contract?
Benefits include flexible qualification criteria, faster closing times, customized terms, and immediate possession of the property. It’s a good option for those with credit issues, self-employment, or other financial constraints. You also get a tax benefit of owning the home.
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Buy a home without bank approval — flexible credit requirements.
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Fast approvals and quick closings.
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You pick the property you want — not a limited inventory.
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Simple, transparent process.
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Path to ownership while you build or repair credit.
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Live in your home while you work toward traditional financing.
If you’re searching online for contract for deed homes for sale or how to buy a house without a mortgage, this program provides a real, structured path to ownership.
Who is a good candidate for a Contract for Deed / Land Contract?
The short answer is… anyone!
But this option is ideal for individuals with limited credit history, high debt-to-income ratios, recent bankruptcies or foreclosures, new jobs, self-employment, or those who have faced other challenges in obtaining traditional financing.
Our program is designed for buyers who:
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Have income and savings for a down payment but don’t meet bank guidelines.
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Are self-employed, recently changed jobs, or rebuilding credit.
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Want to own a home sooner without waiting years for mortgage approval.
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Are ready to maintain and live in their own home while working toward refinancing.
If you’ve been searching “how to buy a home with bad credit” or “owner financing homes,” a Contract for Deed might be the perfect solution.
What happens if I miss a payment?
If you miss a payment, contact us immediately so we can help you get back on track.
The specific consequences depend on the terms of your contract. While missed payments can lead to late fees or even default under the contract, our goal is to work with you to protect your home. Open communication is key — most issues can be resolved early.
Can I sell the property before completing the Contract for Deed / Land Contract?
Not without written consent. Since Contract For Deed LLC holds legal title during the term, any sale or transfer must go through us.
However, you can refinance at any time into a traditional mortgage and then sell or transfer the home freely.
This flexibility is one of the major advantages of a Contract for Deed home compared to traditional rent-to-own programs.
Are there any tax implications with a Contract for Deed / Land Contract?
Buyers may still be eligible to deduct property taxes and interest paid under the contract, but tax rules vary by state and situation.
We recommend consulting a qualified tax professional for guidance on contract for deed tax deductions or reporting requirements.
What types of properties can be purchased with a Contract for Deed / Land Contract?
A contract for deed can be used to purchase various types of real estate from single family homes, multi-family properties, commercial properties, and even raw land.
Whether you’re looking for your new single-family primary residence or you want a second home or raw land to hunt on or build your next dream home or you want to build your investment portfolio, we got you covered!
We review each property for value, location, and condition before purchase.
If you’re browsing listings and wondering which homes qualify for a contract for deed, our team can review them and confirm eligibility before you make an offer.
How do I start the process of buying a home with a Contract for Deed / Land Contract?
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Apply online to get pre-qualified with Contract For Deed LLC.
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Review your approved price range and contract terms.
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Find a property within that range — we’ll review it for approval.
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We buy the home and prepare your Contract for Deed agreement.
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You move in and begin building your ownership pathway.
This simple process allows you to buy a home without traditional financing and move forward faster.
Do you provide construction financing?
We do not provide construction-phase Contract for Deed financing, but we do help clients who want to build a new home.
If you’re working with a builder who can finance the construction, we can step in to provide the end financing once the home is complete. This means the builder carries the construction loan, and Contract For Deed LLC purchases the finished home on your behalf under a Contract for Deed agreement.
We also partner with Pulte Homes, who regularly refer clients to us when they don’t qualify for their in-house mortgage program. This partnership helps more buyers move forward with a custom or new-construction home even when traditional financing isn’t an option.
Meet our Wisconsin & Minnesota-based Contract for Deed LLC Team
Mapping Where We’ve Made a Difference with a Wisconsin Land Contract or Minnesota Contract For Deed
Let us help you get into your home today!
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Ranch Rd, Woodbury MN 55129
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Anderson Alle, Askov, MN 55704
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James Ave N, Minneapolis, MN 55412
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Evergreen Ln N, Maple Grove, MN 55369
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Janero Ave S, Cottage Grove, MN 55016
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Addison Way, Big Lake, MN 55309
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105th Ave, Corcoran, MN 55374
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Snowy Owl St NW, Ramsey, MN 55303
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97th St SE, Becker, MN 55308
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200th Ct N, Forest Lake, MN 55025
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15th Ave S, Minneapolis, MN 55407
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Flag Ave N, New Hope, MN 55428
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16th Ave S, Minneapolis, MN 55404
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80th Ave, Milaca, MN 56353
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24th St W, Zimmerman, MN 55398
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8th St SW, Backus, MN 56435
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Major Dr N, Brooklyn Park, MN 55443
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Hamline Ave N, Lexington, MN 55014
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Highridge Trail, Esko, MN 55733
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Geranium Ave E, Saint Paul, MN 55106
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Edgewood Dr, Hudson Twp, WI 54016
22
Bayhill Rd, Dellwood, MN 55110
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20th Ave S, Minneapolis, MN 55407
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Knob Hill Ln, Burnsville, MN 55337
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Farrington St, Saint Paul, MN 55117
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310th Ave, Brook Park, MN 55007
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95th St NE, Otsego, MN 55330
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Cottage Grove Alcove, Woodbury, MN 55129
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126th Ave N, Rogers, MN 55374
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Magnolia Ave E, Saint Paul, MN 55117
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Lower Mill Ave, Rogers, MN 55374
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County Rd 132, Kettle River, MN 55757
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Great Ridge Trail, Park Rapids, MN 56470
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Flagstaff Rd, Tomah, WI 54660
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Mendota St, Saint Paul, MN 55106
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Hudson Rd, Saint Paul, MN 55106
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Blaisdell Ave S, Richfield, MN 55423
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Jackson St, Saint Paul, MN 55103
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Capitol Heights, Saint Paul, MN 55103
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16th Ave S, Bloomington, MN 55425
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255th Ave NW, Big Lake, MN 55309
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Mahogany St, Mora, MN 55051
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Northrup Ave, Tonka Bay, MN 55331
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Dupont Ave N, Brooklyn Center, MN 55430
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8th St Loop NE, Saint Cloud, MN 56304
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Forestview Ln N #53, Maple Grove, MN 55369
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3rd Ave N, Zimmerman, MN 55398
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300th St, Austin, MN 55912
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694th Ave, Prescott, WI 54021
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Louisiana Ave N, Champlin, MN 55316
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Georgia Ave N, Champlin, MN 55316
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84th Place N, Maple Grove, MN 55369
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Russell Ave N, Minneapolis, MN 55412
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W Franklin Ave, Minneapolis, MN 55404
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Olson Memorial Hwy, Golden Valley, MN 55427
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Lime St, Clearwater, MN 55320
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NW 4th Ave, Grand Rapids, MN 55744, USA
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Bluebill Ln SW, Nisswa, MN 56468
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21st S NW, New Brighton, MN 55112
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57th St, Palmer Twp, MN 55319
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N 2nd St, Mankato, MN 56001
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16th Ave N, South St Paul, MN 55075
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Aaron Heights NW, Evansville, MN 56326
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Prairie Creek Rd, Medina, MN 55340
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Bridgestone Rd NW, St Francis, MN 55070
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N 6th St, Minneapolis, MN 55411
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State 84, Longville, MN 56655
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Kirke Alle, Askov, MN 55704
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Pearson Way NE, Fridley, MN 55432
70
Glen Edin Ln N, Brooklyn Park, MN 55443
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Half Moon Rd, Wells, MN 56097
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Lynn Rd SW, Hutchinson, MN 55350
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Broadway Ave, Saint Paul Park, MN 55071
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South Street, Paynesville, MN 56362
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E 84th St, Minneapolis, MN 55425
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Flagstaff Ave, Apple Valley, MN 55124
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24th St E, Minneapolis, MN 55404
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4th Ave SW, Faribault, MN 55021
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282nd Ln NW, Isanti, MN 55040
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Van Gordon Rd, Hinkley, MN 55037
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21 5/8 St, Rice Lake, WI 54868
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167th St, Centuria, WI 54824
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171st Ave NW, Andover, MN 55304
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Co Hwy 8, Sebeka, MN 56477