If the borrower defaults, the assignment of the land contract gives the lender the right to receive payments from the buyer and to transfer the land contract to another buyer. (americanbanker.com)
The seller is also likely to want a higher percentage in down payment from the buyer because they are at more risk than a bank. (entrepreneur.com)
In this technique, you'll receive advance payment from the buyers and you'll have to deliver the agreed commodities in some future date. (profitableventure.com)