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St. Louis Contract for Deeds Information
- What are Contract for Deeds
Contracts for Deed are a type of owner financing of real estate. Owner and buyer enter into a contract where the owner gives the buyer a deed after the buyer pays the owner a predetermined amount of money. Generally, the contract requires the buyer to make payments over time with interest paid on the unpaid balance. Once the buyer pays all of the payments the owner gives the buyer a deed to the property.
More St. Louis Contract for Deed Information:
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Today, despite a continued population decline, downtown and neighborhood revitalization efforts are ongoing in the City of St. Louis. Medicine at Barnes-Jewish and St. Louis University Hospitals, brewing at Anheuser-Busch, and banking at Bank of America and Firstar Bank are leading industries in the City; five Fortune 500 corporations are headquartered in the City limits, and many of the older industrial buildings in the City serve as incubators for small business. Despite the challenges, the City of St. Louis is ready to grow into its fourth century. |
