Legal Issues
Best of the Hotline: Beware installment sales contracts
Facts: Our caller, a listing agent, was having trouble finding a qualified buyer for her client’s property. Shortly before the listing expired, a buyer offered to purchase the property on an installment sales contract and agreed to pay $2,000 down and $500 a month beginning with the first of the following month....
May 19, 2010 • 4 min. read