Dbklund, Renter in Chippewa Falls, WI

in Wisconsin - can I sell my home on a land contract if I already have a mortgage on it?

Asked by Dbklund, Chippewa Falls, WI Sat Apr 2, 2011

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2
I agree with Ron. However, if your lender will not allow you to sell on land contract, you can ask if your mortgage is assumable. Please call your lender and discuss your options with them before you try to sell!
0 votes Thank Flag Link Fri Jun 3, 2011
you would need to check your mortgage documents, but almost all of them I have seen state you can't. If the bank that holds your mortgage finds out you did this the note would be come due immediately.
0 votes Thank Flag Link Sun Apr 3, 2011
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