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Posted by Ward-CA- on June 26, 2002 at 09:46:07:
In Reply to: buying home that has existing land contract posted by Avery on June 25, 2002 at 13:31:03:
: We were in the process of buy a home from my grandparents in IA. However, 6yrs ago my grandparents had a land contract drawn up with my uncle. After 6yrs and only a handful of payments made by my uncle to my grandparents, my grandparents are now wanting to see the home.. What do my grandparents need to do to be able to sell the home. We need something that is quick and fast. Please help!!! Thanks!
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Avery, to clear away the 6 year old land contract just have your uncle give your grandparents a notarized quitclaim deed of all the interest he might have to the property. When your grandparents record the deed they will be free to sell the property to you.
Hope this helps.
