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I saw a house for sale and in the listing it said both of these were options for financing. Are they 2 different things, or just 2 ways of saying the same thing?

Yes there is a difference.

On a land contract you will not own the property or be on title until you pay off the land contract completely. After the land contract has been paid, then your name will be recorded on the title.

On seller financing you go through and complete the transaction through a closing agent or an escrow. Once this transaction is complete you become the owner you are on the title, you are responsible for the county taxes, hazard insurance.

The escrow or closing agent make a note and deed of trust in favor of the seller with the terms(How many years you have to pay the note), interest, monthly mortgage payment.

I hope this has been of some use to you, good luck.

"FIGHT ON"

You now have a mortgage to pay to the seller. Failure to pay will or could result in the seller placing the property in foreclosure.

I hope this has been of some use to you, good luck.

"FIGHT ON"

I plan on buying a new car within the next month or so. I recently received a notice that I now have a fraud alert on my credit report and the Equifax was going to send the same to the other 2 bureaus.

How will this affect my obtaining financing through my bank and various other lenders?

Tell them that more than one person can have the same name and any more of this bad credit crep and you are going to sue them all big time in the supreme court

Stand up for yourself and be rich !

What do you think will be the basic problem of financing Social Security in the next 25 to 30 years?

The biggest problem will be the same one that is facing the system today…legislators who won’t keep their hands off the money and policies that allow people to receive the money from a fund they never paid into.

The government has not paid back the money that they "borrowed" from the fund. They passed a law allowing themselves to do so, so it is all legal. If they paid back what they borrowed – or better yet – kept their hands off of it in the first place, we wouldn’t have a Social Security crisis. But Congress won’t worry about paying it back because they have a different "retirement" plan, so they aren’t compelled to fix the problem. They’ll promise reforms long enough to get elected and then do nothing.

The system is also paying out money from Soc. Sec. to people who never paid into it; yet, by the time I am old enough to qualify for the funds I have paid, I’ll be told that I’m out of luck…that my money has gone to someone else.

Given how corrupted this financial retirement/safety net system has become, who in their right minds would want to turn health care over to the government?

I want to start my own tanning salon and espresso stand in Bremerton, WA. I personally have a low credit score and limited start up funds. I have a few locations in mind and after much research I know that this business is VERY profitable, yet…VERY expensive to start up. Where could I find financing to get the start up funds?

Look for investors.

If you can demonstrate that the business is as profitable as you say prepare a business plan and advertise for investors.

You will have to give up a substantial piece of the action, but if you don’t you probably won’t have a business at all.

Hope this helps
Jerry-the-bookkeeper

After an extended illness I was forced into bankruptcy. That was five years ago. Now I need extensive dental work. Is there a legitimate firm out there that will work with me on financing these procedures. Repayment in a term situation is no problem, i just can’t pay it all up front.

FYI,
CONTACT AND MAKE AN ARRANGEMENT WITH CARE CREDIT

I just graduated from university with a BS degree and will begin work in mid-August. I need to buy a car before then and need financing. The conundrum is that I am planning to drive myself to the new city I will be in, which means I will be signing my lease after I buy the car.

Am I technically employed for the purpose of a loan application? Is there any special way for new hires to go about loan applications?

No just apply like normal & ask if they have a first time car buyer discount.

Ok i own my own house but i dont have very good credit, and dont make the most either. Does anyone know good internet sites to go to, to get financing for a decent vehicle thanks?

Drive Time.com

I am wanting to purchase a house, but I don’t want to look into financing until I find something I like. I am afraid my credit score will be reduced if I start asking banks to review my credit.

Not really, when people shop for a vehicle or home all inquiries made in a 14-day period are lumped together and only count as one, they all show but your score only gets dinged once.

I asked the question about the return of a new car. I do not want to return the car, I just want to know my rights since they refuse to change the paperwork. I feel like they should have told me that I was eligible for 2.9% financing as well as 0.7% for a shorter term. They didn’t. They also only took $800.00 off the price of the car instead of $1000.00 as we agreed. I found this error after I got home. He claims that he gave us $1300.00 instead since he added in the rebate that is optional if you qualify for lower financing. It’s $500.00 or 2.9% at 60 months. Any suggestions that could help? Thanks!

They can change anything they want to change, but you may have to convince them that they want to. Perhaps the threat of legal action might help.

I own/operate a genral contracting business and I want to be able to offer my customers the option of financing. How do I get started and where can I find financing co.’s or banks that would work with me.

My dad used to own a business that sold big ticket items. He worked with a local credit union to finance his customers. He would have them fill out the applications at his store, then fax or take them to the credit union. Any bank could do it, but credit unions usually seem to want you business more.