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    Jbow12's Avatar
    Jbow12 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 14, 2012, 03:28 PM
    Should I hold my mortgage for a potential buyer?
    My home is for sale and I have received an offer from a potential buyer, to hold the mortgage for a 2 yr. period. An arrangement would be made regarding down payment and interest rate. Would this be worth considering? My home is listed over $400,000.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Aug 14, 2012, 03:34 PM
    If you don't need the money right away, this may be an option. But I would make sure any agreement is drawn upo by your attorney.
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