Whenever a real estate transaction involves financing, a Bond for Deed/

Trust Agreement should be considered as an alternative method of financing.

If the existing mortgage loan(s) are attractive, but are thought to be Anon-assumable@, remember that the Louisiana Bond for Deed/Trust Agreement allows you to legally avoid the Adue on sale@ clause. Under a Bond for Deed/Trust Agreement the purchaser can take over the Anon-assumable@ loan, and you can still Aclose the deal@.

Additionally, whenever there is owner-financing, the Seller should consider using the Bond for Deed/Trust Agreement in the event of a default by the Purchaser, the forty-five day notice and the ease of cancellation with the Bond for Deed/Trust Agreement are much quicker and much less expensive than a judicial foreclosure proceeding to regain title.

You may locate all course materials at nomarhub.org

You must cancel course bookings at least 48 hours ahead of each in-person class. If you do not cancel 48 hours ahead of your scheduled in-person CE course, you will be assessed a no-show/cancellation fee of $10 per credit hour.

We appreciate your understanding in this matter as we continue to strive to bring you a wide array of professional development opportunities while providing exemplary service and stewardship of your membership dues.