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Updated about 2 years ago,

User Stats

13
Posts
7
Votes
Garrett Jennings
  • Real Estate Agent
  • Oshkosh, WI
7
Votes |
13
Posts

How can I protect the seller in a land contract?

Garrett Jennings
  • Real Estate Agent
  • Oshkosh, WI
Posted

Hello everyone! I live in Wisconsin, and going to purchase my first rental using a land contract with the seller. I am younger, so he is wanting one of my parent to co-sign on the land contract. What I don't like about that, is that it will effect their DTI ratio, correct? Are there any other suggestions on how I could give the seller some additional security in this land contract, and not worry about having to go through the foreclosure process. Thank you!!

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