Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
Colin Buckley
  • Oswego, IL
2
Votes |
10
Posts

Selling a house I bought three years ago on land contract?

Colin Buckley
  • Oswego, IL
Posted

This is a difficult scenario to search for, so I couldn't find anything.

I have a house that I bought in early 2012 (in Illinois) on a Contract For Deed (land contract).

I still owe money on the house (and do not have the deed), and now I want to sell it this summer.

I don't really know the best way to go about doing that.  Would I sell the contract?  Have some sort of double-closing?  I'm sure I have to involve the guy I bought it from in some capacity.

Thanks.  Sorry if this has been discussed before.

Loading replies...