Sold land or a home on a contract for deed? Get one lump sum instead of waiting. Free quote, no obligation.
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You sold a house or land on a land contract, also called a contract for deed, and the buyer pays you each month. CashNoteUSA can buy your interest in the contract, all of it or part of the payments, so you get a lump sum now.
The example on the right shows how it works: the payments still owed to you become one lump sum at closing. Your borrower keeps the same terms and simply pays the new holder.
In a land contract, the seller keeps legal title to the property while the buyer makes payments, and transfers the deed once the contract is paid off. Depending on the state it may be called a contract for deed, an installment land contract, an agreement for deed or a bond for deed. The idea is the same: you’re the seller and the lender at once.
When you sell a land contract, you assign your seller’s interest, the right to the payments and the title you hold, to the note buyer. The person paying you keeps paying on the same terms; only the payee changes.
| Land contract | Note with mortgage or deed of trust | |
|---|---|---|
| Who holds title | The seller, until the contract is paid | The buyer, from closing |
| What the note buyer receives | The seller’s interest in the contract and the title | The note and the recorded mortgage or deed of trust |
| Watch out for | State rules for contracts for deed, and whether the contract or a memorandum was recorded | Lien position and recording |
Some states, Texas among them, have specific rules for these contracts. We review the contract against them as part of due diligence.
Single-family homes and small rentals sold with a contract for deed.
Rural acreage, recreational land and lots sold on terms.
Manufactured homes sold together with the land.
Contracts with years of payment history usually command stronger offers.
Recent contracts can often be sold too, or partially sold.
Contracts where an underlying loan still exists; we review them carefully.
Price, down payment, balance, rate, payment and how many payments have been made.
We quote a full purchase and, if you like, a partial purchase.
We check title, the property value, the payment history and the buyer’s credit with permission.
Your interest and the title are assigned through a title or escrow company and you’re paid.
Free, no-obligation quote. Most people only need the basic terms to start.
| Common name | Where you’ll often hear it |
|---|---|
| Land contract | Michigan, Ohio, Indiana, Wisconsin and much of the Midwest |
| Contract for deed | Minnesota, Texas, the Dakotas and many other states |
| Executory contract | Texas law’s term for contracts for deed on residential property |
| Agreement for deed | Florida |
| Real estate contract | Washington, New Mexico and other western states |
| Bond for deed | Louisiana and parts of the South |
Names and rules vary, and some states require specific notices, disclosures or recording. We review your contract against your state’s rules before closing. Your attorney can tell you how they apply to you.
Selling a land contract means signing an assignment of the seller’s interest: you transfer your right to the payments and the title you hold to the note buyer. Usually you also sign a deed to the note buyer (subject to the buyer’s contract rights) so the new holder can deliver the deed when the contract is paid off. The assignment is recorded, and the buyer is told where to send payments.
The buyer’s rights don’t change: same price, same payment, same date their deed is due.
That’s one of the main reasons sellers sell. Depending on the state and the contract, the remedy may be forfeiture or a foreclosure-like process, and either can take time and money. When you sell the contract, that risk and the work that comes with it move to the note buyer. If payments are already behind, tell us; some contracts can still be bought.
| Sell the whole note | Sell part of the payments | Keep collecting | |
|---|---|---|---|
| Cash now | One lump sum for all remaining payments | A lump sum for a set number of payments | None; you receive payments over time |
| After that | You’re done collecting | Payments come back to you once the sold ones are paid | You keep collecting until payoff |
| Risk of non-payment | Moves to the note buyer | Shared: the buyer carries the sold payments | Stays with you |
| Fits you if | You want out completely or have a better use for all the money | You need a set amount now and want long-term income | The payer is reliable and you don’t need cash |
Not sure? Ask for a full and a partial quote at the same time and compare them side by side.
Enter the contract’s terms to see the balance still owed, payments left, and how a partial sale would work.
This calculator only does the math on your note’s terms. It is not an offer or a price; what a note sells for depends on the review described on this page.
We buy land contracts nationwide. Find your state:
Owner-financed homes, land and small rentals.
Seller financing from the sale of a business or equipment.
Notes secured by retail, office, industrial and multifamily property.
Private notes secured by real estate or other collateral.
For investors who want to buy performing notes.
Slightly. With a land contract you also assign the title you hold, so title review is a key step. The rest of the process is the same.
Usually not, unless the contract says otherwise. The buyer is notified where to send payments; their terms don’t change.
That’s common. We’ll look at what can be recorded now and what title shows before making a firm offer.
Yes. A partial purchase buys a set number of payments, and the contract comes back to you afterward.
Yes, including rural acreage and lots. Value and location of the land matter more when there’s no house.
No, it’s free and there’s no obligation.
This is the form the “Get my cash offer” buttons lead to. Fill in what you know about your note; you don’t need every detail to start. A note specialist reviews it and calls you with a written offer. No cost, no obligation.
Want to read more first? See how the note selling process works or our FAQ.
