Q: Is a promissory note better than a land installment contract? A: A land installment contract is a procedure whereby the property owner enters into a contract with a potential buyer. The buyer ...

If you get a mortgage to buy a home, you will end up signing something called a promissory note. So what exactly is a promissory note? In the most basic terms, it’s a legal document you sign ...

Going back many decades, it was common for Colorado real estate to be sold using an installment land contract, also known as a contract for deed. In an installment land contract, the buyer and seller ...