Home Buying in 46540>Question Details

Joann, Home Buyer in 46540

We are looking for a home in middlebury school district for sale land contract. We are hoping to find a newer home with payments 1200 per month or

Asked by Joann, 46540 Fri Mar 5, 2010

less. We have some money to put down, but need time for our home to sell.

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Jody Jones’ answer
Joann,

Just curious, why would you want to buy on land contract? Also, do you have your present home up for sale?
My suggestion is to wait until you get your present home under contract before finding the next home to buy.
Even with the land contract you will likely need 3 1/2-10% down payment and you will need a relatively clean credit report.

If you would like to discuss this further, feel free to contact me at jjones@calllandmark.com or call 574-214-2746.
Jody Jones
0 votes Thank Flag Link Fri Mar 5, 2010
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