How much down payment should you ask on a land contract?

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1009685

2026-03-07 00:20

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A typical down payment for a land contract ranges from 10% to 20% of the purchase price, though this can vary based on the seller's preferences and the buyer's financial situation. A larger down payment may strengthen the buyer's position and indicate serious intent, while a smaller amount might be more accessible for buyers. It's essential to negotiate terms that are fair and feasible for both parties involved.

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