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Can I sell land that I have onwer finacaned

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Icon Mini Profile barkertony7





Joined: 26 Jan 2010

Posts: 1

1.24 Dollars($)
Post Posted: Tue Jan 26, 2010 8:25 am    Post subject: Can I sell land that I have onwer finacaned
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If I have a contract for a piece of land can I sell it like owner finacing or sell it at all?
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10164
Location: Nevada
944.24 Dollars($)
Post Posted: Wed Jan 27, 2010 12:54 am    Post subject:
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Hi barkertony,

If you already have an agreement with a person regarding owner financing, then you won't be able to sell off the same property to another person. If you do so, it can be considered as a fraud.

Thanks
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