regarding LAND CONTRACT for deed

There are many pitfalls to the contract for deed manner of purchasing property.   First, and most obviously, a Buyer who default riskes losing all of the monies put down because of a breach in that the Buyer has no equity.  Secondarily, because the Buyer is making payments but not receiving any title interest until fulfillment of the contract, Buyer loses many of the advantages of property ownership and protections against foreclosure by the Seller's lender(s).  Furthermore the title may become clouded during the contract period, meaning that a fulfilling Buyer is left with unmarketable title having been purchased.  Buyers should only enter contract for deed scenarios with their eyes open and after having the contract reviewed by Counsel.