Land contract sales, which are called “agreements for deeds” in Florida, are seller-financed real estate deals. While not uncommon, there are some pitfalls that can come with this kind of financing. Why do people use seller-assisted financing for their home purchases?...

In a strong real estate market, sellers might receive multiple offers on the same property. The amount a buyer offers and the terms of their offer dictate which one the seller chooses. Sellers will typically prioritize those who can show proof of financing, those who...