This course reviews various types of alternative contract financing including seller-carry back; financing addendum, All Inclusive Trust Deed, Contracts of/for Sale, and Assumption transactions including contract terms and conditions, red flags and ways to mitigate risk for the licensee.  

Let us explore an area of interest by understanding contracts and disclosures associated with a basic vacant land transaction. We will review the Vacant Land Purchase Agreement, various disclosures involved with vacant land transactions, understand BLM auctions, review title rights, learn and understand restrictions and exceptions, learn how to read plat maps and title report,…