MN Owner financing can be set up in a variety of ways.

The most popular way to structure a seller-financed deal is to do a land contract (sometimes called a contract for deed or installment sale agreement), in which the seller holds the title to the property until the buyer pays for the property in full.

Seller and buyer can negotiate the down payment and interest rate.

Land contracts often include a balloon payment, at which time the balance of the note is due in full – typically after 3-5 years. At that time, the buyer can pay off the contract for deed or sell the property.

“NOTE” Plan in advance meaning if you don’t think you can get a loan to refinance your 3 year contract on year 2 sell the house and take your equity and buy another home. Don’t wait till the last minute and hope the seller will ad an extension to the contract because the seller does not have to do this. In most cases if your payments are on time you can ask the seller if they will add time to the contract. You will want to do this early on also don’t wait till the last minute.

We work with contract for deeds in Minnesota and Western Wisconsin daily.
If you are having a hard time getting a mortgage we can help you if you have 10% down of the sale price of the house you are seeking. You will want to be ready to move on a home if you see one you like. This housing market is hot and all homes are selling very fast. We have access to 100s of properties for sale in Minnesota and Wisconsin.

Using the right realtor.

We have been in business for over 20 years and work with contract for deeds daily. Having the right Realtor is a huge deal we draft the terms of your contract which is basically drafting your Mortgage for the next 3-5 years you will want the best terms possible and thats where we come in. We negotiate those for you.

We can close on a contract for deed home in Minnesota and Wisconsin very quickly. If the house is vacant we can close as fast as 7 days. We want to make sure your home inspection is complete along with the title being clear of any defects. To view more listings and contract for deed information.


If you have been turned down by a mortgage company or lender and you want to own a home you came to the right place. We find homes that the seller is willing to offer contract for deed financing..



Keller Williams Premier Realty Lake Minnetonka