Land Contracts and benefits to seller.

[Adam Drummond]

In today's hot real estate market where things are typically selling without being on the market for very long, why would a seller consider a land contract?  In my mind, if a seller can sale his property out right..  then why would they entertain a land contract offer?  I understand that some sellers would rather not take a huge lump sum on a property for tax reasons.  From my understanding though, with land contracts, most buyers put hardly any money down.  I have owner financed two properties to buyers in the past, and i required a down payment with both offers.   Also, both properties sat on the market for months w/o selling outright.  Thanks in advace.

Adam