Question on - Land Contract -

本帖于 2010-02-17 12:58:30 时间, 由普通用户 laoyangdelp 编辑


Is Land Contract a fair game for sellers? I have a house on market for sell. So far don't have any purchase offer but land contracts. Should I consider Land Contract offer?

Thanks!

所有跟帖: 

为什么不好?我有几个房子都这样卖出去了 -- 给 槑 发送悄悄话 槑 的博客首页 (0 bytes) () 02/16/2010 postreply 14:54:22

回复:Question on - Land Contract - -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (0 bytes) () 02/16/2010 postreply 14:54:57

to protect yourself, ask for minimum of 10% down, 20% be better -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (63 bytes) () 02/16/2010 postreply 14:55:59

为什么呢?请指点 -- 给 槑 发送悄悄话 槑 的博客首页 (398 bytes) () 02/16/2010 postreply 15:18:36

while I had bought more than a few properties on land contract -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (316 bytes) () 02/16/2010 postreply 16:52:03

A guy I know sold a 60K house with 10K option fee -sunskitehomes- 给 sunskitehomes 发送悄悄话 sunskitehomes 的博客首页 (286 bytes) () 02/16/2010 postreply 19:59:10

Different between land Contract and Seller Financing. -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (1108 bytes) () 02/16/2010 postreply 16:53:52

学习了,谢谢。 -laoyangdelp- 给 laoyangdelp 发送悄悄话 laoyangdelp 的博客首页 (0 bytes) () 02/16/2010 postreply 17:33:36

一个好处是高利率,高卖价 -- 给 槑 发送悄悄话 槑 的博客首页 (543 bytes) () 02/16/2010 postreply 19:53:54

I agree that the return is great if the contract performs... -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (583 bytes) () 02/16/2010 postreply 20:13:50

and that is why I recommend a minimum down payment -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (51 bytes) () 02/16/2010 postreply 20:21:15

I understood, but few buyer has the money -- 给 槑 发送悄悄话 槑 的博客首页 (0 bytes) () 02/16/2010 postreply 20:22:23

thank, i will defintely keep your advice in mind -- 给 槑 发送悄悄话 槑 的博客首页 (509 bytes) () 02/16/2010 postreply 20:21:23

that you should consult an attorney.....there can be big problem -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (426 bytes) () 02/16/2010 postreply 20:39:18

thanks a lot for your advice which always helps -- 给 槑 发送悄悄话 槑 的博客首页 (0 bytes) () 02/16/2010 postreply 20:42:36

seller financing于deed无关,land contract一般deed不变,可以registr,也可不 -- 给 槑 发送悄悄话 槑 的博客首页 (240 bytes) () 02/16/2010 postreply 20:04:13

land contract also know as contract for deed.. -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (337 bytes) () 02/16/2010 postreply 20:18:27

I had it done both way, seller finance and land contract. -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (224 bytes) () 02/16/2010 postreply 20:24:30

the real profession answers (ZT) -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (7415 bytes) () 02/16/2010 postreply 16:55:18

Agree! I even will say 30% down -RE8888- 给 RE8888 发送悄悄话 RE8888 的博客首页 (375 bytes) () 02/16/2010 postreply 22:22:37

what's the difference between Land Contract and regular sale con -laoyangdelp- 给 laoyangdelp 发送悄悄话 laoyangdelp 的博客首页 (0 bytes) () 02/16/2010 postreply 15:18:16

我的就是卖家(就是我)贷款 -- 给 槑 发送悄悄话 槑 的博客首页 (56 bytes) () 02/16/2010 postreply 15:24:56

seller finance? I would never -laoyangdelp- 给 laoyangdelp 发送悄悄话 laoyangdelp 的博客首页 (56 bytes) () 02/16/2010 postreply 15:41:12

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