When making an offer on a home, a buyer may add contingencies to their contract. There are many types of contingencies that apply to myriad situations and can protect the buyer from unexpected issues in the transaction. Sellers can also add their own contingencies either on their own or in counteroffers to protect their interests in the sale....

Land contracts can be an excellent alternative to a traditional mortgage, both for the buyer and seller. The seller assumes the role of the lender and gets regular payments from the buyer while still holding the property title. There are many advantages both for buyer and seller; but from the seller's perspective, land contracts also come with some...