Table of Contents

    A Contract for Deed Can be Good or Bad - LSC Brief

    LSC

    A contract for deed is an agreement whereby a buyer of a home makes regular payments to a seller for an agreed period or up to an agreed amount (see sidebar on p. 3 of the attachment below for more information). The seller holds legal title to the property until the final payment is made.

    An article published by ProPublica put it simply, a contract for deed is “a financial agreement in which a buyer pays the seller directly in installments. No mortgage. No bank.  However, the attached brief from the Legal Services Corporation (LSC) provides important information as to the pros and cons of a "Contract for Deed."

    Table of Contents

      NEWS

      News & publications

      The news about recent activities for needed peoples.

      More News

      28 Jul 2025

      LSC

      See what cuts to LSC would mean to your community

      Actions speak louder than words. Last week, members of Congress sent a powerful…

      Continue Reading about See what cuts to LSC would mean to your community

      18 Jun 2025

      LSC

      Key Groups Send Support Letters to Congress for LSC

      Amid threats to LSC's funding, key groups are stepping up to urge Congress's…

      Continue Reading about Key Groups Send Support Letters to Congress for LSC