What is the name of your state (only U.S. law)? Minnesota
We are trying to sell our house and have had an offer from "We Buy Houses" to do a contract for deed on the property. We would remain on the mortgage, they would pay me and then get someone to rent-to-own the property. What are the pros and cons of doing this? Is this a good idea, or very risky?
We are trying to sell our house and have had an offer from "We Buy Houses" to do a contract for deed on the property. We would remain on the mortgage, they would pay me and then get someone to rent-to-own the property. What are the pros and cons of doing this? Is this a good idea, or very risky?