There's a lot of good and truth in what you say, thanks for posting. As an attorney my advice DEPENDS on if I represent the Buyer or the Seller PLUS several other considerations. There are times and situations where a contract may be advisable but NOT others. There are times I advise a contract be recorded others NOT. There are times I might advise the use of escrow others NOT. There are times I advise the parties might execute a Quitclaim Deed. As you already know a Conditional Land Sale Contract is a different animal then conveyance and promissory note secured by a mortgage.
In GENERAL there's less use of contract sales now versus years back
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Today's Featured Article - Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
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