One Response to “can i sell my home on land contract if i have a bank mortgage?”
helblindison on: 11 November 2009 at 12:19 pm
Talk with a REAL ESTATE attorney for the details, but the answer is: YES. In most cases, if the tenant doesn’t pay on the land contract, it is an eviction, not a foreclosure. Title generally doesn’t transfer immediatly. Your attorney should know the mechanics on how and when things happen.
Talk with a REAL ESTATE attorney for the details, but the answer is: YES. In most cases, if the tenant doesn’t pay on the land contract, it is an eviction, not a foreclosure. Title generally doesn’t transfer immediatly. Your attorney should know the mechanics on how and when things happen.