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Home Selling in 53719 : Real Estate Advice

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Tue Oct 29, 2013
Steven Schuster answered:
Most people don't realize that they have to own the home free & clear to even be able to offer a land contract. As a seller you certainly wouldn't want to do it w/out a sizeable down payment (10-30%) in case you got it back & now needs repairs.
It's a trickey bit but if there was a good explaination of why their credit won't allow them to go conventional financing & they are current w/everything else & they have a good down payment it may be worth the gamble if you're struggling to find a buyer.
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