selling house on owners contract

Discussion in 'Random Ramblings' started by seedcorn, May 13, 2010.

  1. seedcorn

    seedcorn Songster

    Apr 25, 2007
    NE. IN
    In Kentucky so any advice would be welcomed. I've boughton on contract, never sold. Since it's the kids' inheritance, I don't want to mess it up.

    Where would I find a contract? all suggestions welcomed.
  2. Goose and Fig

    Goose and Fig Grateful Geese

    Apr 19, 2009
    Fall Creek Falls TN
    Do you have a specific buyer? We did a kind of land contract/assumed mortgage with our old house. An agent took it over and did a rent-to-own with someone. The only bad thing is the mortgage still shows up on our credit report (they pay on time though), and it took over a year to get the water & sewer bill out of our names. Just make sure to dot your "i"s and cross all you "t"s !

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