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re: Bond for deed - bad idea?

Posted on 6/18/15 at 4:50 pm to
Posted by NEWBIE
Member since Jun 2008
196 posts
Posted on 6/18/15 at 4:50 pm to
quote:

realtor and she should be able to answer a lot of the questions I have with it


Please speak with a real estate attorney, as opposed to your real estate agent, to explain the risks involved in a bond for deed and how to best structure the agreement to protect your interests.

Many attorneys advise against bonds for deeds. Ultimately your decision will be determined by your risk tolerance.
This post was edited on 6/18/15 at 4:54 pm
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