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Updated almost 9 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Paul Zanger
  • Wholesaler
  • Burlington, CT
2
Votes |
9
Posts

Selling on a Land Contract when there is a mortgage

Paul Zanger
  • Wholesaler
  • Burlington, CT
Posted

If anyone has sold a property on a land contract when there is a mortgage already in place, I need your help to advise how you avoided a "due on sale mortgage clause." I ask because my tenant is interested in buying my property on a land contract with $10k down.  The property is in Livonia, Michigan . Thanks!!

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