Skip to content
Innovative Strategies

User Stats

1,509
Posts
993
Votes
Patrick Britton
  • Ann Arbor, MI
993
Votes |
1,509
Posts

Selling on land contract with existing lien - HELOC

Patrick Britton
  • Ann Arbor, MI
Posted Nov 14 2014, 10:48

Hi,

are you able to sell a property on a land contract if there is an existing lien on the property? I heard "yes" so long as the current lender provides approval in writing. However, is the same possibly true of a HELOC? Will it vary from state to state?

any additional info and opinions on this are welcome and appreciated.

cheers

Loading replies...