Arizona Land Contract

I am currently looking to land contract a house in Arizona. Is it a contract for deed state? I am hearing that you have to have something special there, and since I have never purchased a house there, Please could someone help. I'm hearing that LC's don't carry much weight there and so on. I appreciate any help that I can get. Thanks.

Comments(6)

  • cjmazur2nd June, 2004

    yes, I have been buying.

    if it's not the 1ft are you prepared to buy the such that get hsmmerred at dozI doubt

    What doesn't the LLC carry?

  • jeff1200228th June, 2004

    CJ,
    I thought I had a decent vocabulary, But I have no idea what you're trying to say here. Could we try this one again? In English?
    Thanks,
    Jeff

  • JohnLocke28th June, 2004

    cjmazur.

    This is probably the most meaningful post I have ever read on this board, inspirational, in depth, I don't know how you keep up this brilliant posting, I mean over 500 posts this month alone, but this post by far should win you a Nobel Peace Prize or a least an Oscar for best post of the year.

    This line alone is more than one person should ever be able to digest, what style, what character I am amazed.

    "if it's not the 1ft are you prepared to buy the such that get hsmmerred at dozI doubt"

    We should institute a TCI Poster of the Year award, you have my vote.

    John $Cash$ Locke[ Edited by JohnLocke on Date 06/28/2004 ]

  • JohnLocke28th June, 2004

    miraclehomes,

    Land Contracts are legal in Arizona, call a title company there and tell them what you want to do, they will send you the paperwork you are looking for.

    John $Cash$ Locke

  • miraclehomes28th June, 2004

    Thank you for the answer, also, thank you for saying something about this guys posts. He has answered quite a few of mine, and I have yet to understand what he is saying.

  • gemi6th July, 2004

    We don't really use LC's here. We use what is called an Agreement for Sale. Basically the same thing as a LC or CFD.
    In the verbage it should say" buyer shall execute an agreement for sale and deed of trust in favor of seller" .
    They are used to wrap an existing loan(similar to assuming without the banks permission)
    You need to use a title company that is familiar and willing to do them. The agreement for sale is recorded against the property.
    Good luck

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