Posts Tagged ‘current mortgage’

When to sell a house with a mortgage?

Wednesday, March 30th, 2011

Sometime in the next few years my wife and I plan to sell our home and buy another. All other things being equal (market, other outstanding debt, etc.), is there any kind of rule of thumb which dictates how much (percent-wise) of the current mortgage should be paid off before a person begins considering selling [...]

Need to Sell House – How Does Land Contract and Owner Finance Work?

Saturday, November 7th, 2009

Hi. I need to sell my house which has a current mortgage. I have had no luck in the 5 years that I’ve had it for sale and I’m getting desperate. I am not in defaut and all payments are current. I’m willing to consider a land contract or owner financing, but I don’t know [...]