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

Help the community by answering this question:

+ web reference
Web reference:

Answers

2
Carrie Heath, , Eau Claire, WI
Fri Jun 3, 2011
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
Ron Meyer, (…, , Little Chute, WI
Sun Apr 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
Search Advice
Search
Ask our community a question
Home Selling in Chippewa Falls Zip Codes

Email me when…

Learn more