A-Good-Deed

A-Good-Deed is a private investment group that helps families purchase a home using a contract for deed (also known as a CD). Also known as an land contract or installment contract, the CD can be an ideal method of purchasing a home when buyers need time to adjust their income, credit, debt or other financial components before they can qualify for a mortgage. A Good Deed offers financially stable homebuyers the opportunity to purchase a home using a contract for deed until they qualify for a mortgage. Buyers must be represented by a Realtor or attorney and have a minimum 15% down payment, make reasonable income compared to their debts and have a plan to payoff the CD within 5 years (usually by refinancing). A CD creates a contract in which the seller of the property (A-Good-Deed) provides a buyer a period of time to pay off the contracted price of the home. The buyer eventually satisfies the contract, either by qualifying for a mortgage, or by paying the contract in full (sometimes by selling the property). As longtime members of the real estate industry, we understand how disappointing it can be when Realtors are unable to get their clients into homes – and we’re here to help! If your client is ready to purchase a home, but a traditional mortgage is not a good fit, contact A Good Deed.