How do you go about selling your house on land contract?

October 21st, 2009 | Posted in Renting & Real Estate   Comments Off
SCH asked:


I have a home in southern Michigan that has not sold and there hasn’t been much interest…I can’t lower the price so would selling it land contract be better? We moved for jobs months ago and the house is just sitting empty.
I have the house listed for $117k which is low for the area and it is listed with a Century 21 agent…I can’t lower the price further (due to what I owe), houses in Michigan are just not selling due the the economy. If anyone has any other suggestions I am open to them.

GLENN

What are the costs associated with selling your home?

October 21st, 2009 | Posted in Renting & Real Estate   Comments Off
OuiOuiChica17 asked:


How much does an agent take? How much is an attorney? How much is a title company policy? What are the other costs associated with selling my home? Is there an average % people use to estimate all selling costs?

JOE

What to do if selling your car to a private buyer?

October 21st, 2009 | Posted in Buying & Selling   Comments Off
Bri asked:


I’m selling a car to a private buyer and just looking for what has to be done. We’re selling it for $16k and we still owe $19k. Is there any type of contract that has to be signed? Also, we financed our car through the bank. The person buying it will also be financing it. How do the payments work out? Will their bank make a payment to us or our bank? Any advice, suggestions, etc will be appreciated! Thanks!

JEFFRY