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Land Contract

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Sara0320 Guest	Posted: Fri Dec 16, 2011 6:24 pm    Post subject: Land Contract Like 0 Dislike 0 In April of 2011 we sold our mobile home with 2.5 acres on land contract. The couple who bought it are getting a divorce and giving it back to us. What do we need to do to officially nullify the contract that we have? Thanks. _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Sun Dec 18, 2011 9:29 pm    Post subject: Like 0 Dislike 0 Welcome Sara, You will have to ask the couple to sign a quitclaim deed and legally transfer the property to you. If you had signed any contract with them, then you should contact an attorney and he will assist you in getting the contract nullified. _________________ Procrastination is the enemy of your financial success
sabrinatoss Community Expert Joined: 16 Jan 2011 Posts: 514 Location: Australia 82.40 Dollars($)	Posted: Mon Dec 19, 2011 1:45 am    Post subject: Like 0 Dislike 0 Hello sara, A real estate installment selling arrangement whereby the buyer may use, occupy, and enjoy land, but no deed is given by the seller (so no title passes) until all or a specified part of the sale price has been paid. Same as contract for deed and installment land contract . _________________ Home Loan, Mortgage Insurance Calculator, Mortgage Broker

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