How does a land contract with Queck Capital Management work?
Queck Capital Management (QCM) has homes available for sale (View Current Properties) or we could purchase a house and sell to you on a land contract. Basically, QCM will act as your lender. What is the biggest benefit of a land contract? A land contract allows people who are unable to purchase a home through traditional financing the chance to start building equity in a lasting investement. With a land contract, you are not a renter–you are a homeowner. You reap the benefits of price appreciation and interest tax deductions. Making minor improvements such as painting, carpeting, and landscaping can significantly increase the value of your home. Unlike a rental unit, the improvements benefit you and not your landlord. Am I responsible for repairs, taxes, and insurance for the property? Yes, as a land contract owner, you are responsible for all aspects of your home just as if you had a traditional mortgage with a financial institution. If I currently rent, why should I enter into a lan
