 bond for deed (by Gette [ME]) Apr 23, 2010 11:45 AM
 bond for deed (by Reid [KS]) Apr 23, 2010 12:07 PM
bond for deed (by Mike45 [NV]) Apr 23, 2010 12:47 PM
bond for deed (by Chris [CA]) Apr 23, 2010 11:34 PM
bond for deed (by Reid [KS]) Apr 24, 2010 5:07 PM
bond for deed (by Gette [ME]) Posted on: Apr 23, 2010 11:45 AM
Message:
State Specific Question About: MAINE (ME)
Has anyone sold (or purchased) a property this way, or can anyone tell me their opinion of using this method to sell a property? --76.179.x.xx |
bond for deed (by Reid [KS]) Posted on: Apr 23, 2010 12:07 PM
Message:
I was under the impression that was something peculiar to Louisiana ? --70.248.xxx.xxx |
bond for deed (by Mike45 [NV]) Posted on: Apr 23, 2010 12:47 PM
Message:
It seems that Louisiana (which has very different laws than the other states, because of its history as a French colony -- whereas the rest of the States' laws derive from British Common Law) does not recognize "land contracts" as such, and has this "bond for deed" as the functional equivalent.
I doubt anyone on this forum can explain the differences and the pluses and minuses (assuming that Maine -- which also has some French history! -- uses these). I'll wait to see if a learned discourse proves me wrong!! Any LA atty's on here?
--216.240.xx.xxx |
bond for deed (by Chris [CA]) Posted on: Apr 23, 2010 11:34 PM
Message:
Stay away from danger! A British couple bought a dream chateau with 9 BR, 8 BA on 40 acres. Ramshackle 13th century, 250 k pounds. through an agent, after some going back and forth, "highest and best" and such. Then one day a man is on their property, claiming he submitted an earlier offer and this is his property. ** FF a few years. the highest court ruled and now that other guy as the owner never paid one Euro (and claims he has no money to pay). So - - I'll stay clear of French laws and real estate practices! Merde! --118.174.xx.xxx |
bond for deed (by Reid [KS]) Posted on: Apr 24, 2010 5:07 PM
Message:
Why buy something French? You'll only get to keep it till The Germans come and Take it (LOL) --70.248.xxx.xxx |
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