Zillow Advice: Home Selling - Land contract http://www.zillow.com/advice-thread/Land-contract/508090/ Zillow Advice | Zillow Real Estate Most people do not understand ... http://www.zillow.com/advice-thread/Land-contract/508090/ Most people do not understand "Land Contracts " &nbsp;They think part of their rent will go towards the down payment, any amount of over normal rent can go towards down payment. I would think if your renter could put down 20% now they could get a loan and buy the home now.<br/>With property values increasing you are selling your home for todays prices ? &nbsp;<br/>The major thing you need to know is ? What is changing in year that would allow your renters to buy at that time?<br/>You need to hear this from a banker not them.<br/>Best of luck. Thu, 22 Aug 2013 14:31:00 GMT http://www.zillow.com/advice-thread/Land-contract/508090/ 2013-08-22T14:31:00Z If you need to sell in 6 ... http://www.zillow.com/advice-thread/Land-contract/508090/ If you need to sell in 6 to 12 months (i.e need your money out in that time frame), don't bother with a land contract unless you are absolutely confident the buyer can come up with traditional financing in that time frame In a land contract, the seller provides financing to the buyer.&nbsp;&nbsp; Usually the time frame for financing is 2 to 3 years.&nbsp;&nbsp; <br/><br/>Should you decide to move forward, consider a 20% down payment as absolute minimum and make it non-refundable.&nbsp;&nbsp; Use an attorney to get the forms in place. Thu, 22 Aug 2013 14:22:00 GMT http://www.zillow.com/advice-thread/Land-contract/508090/ 2013-08-22T14:22:00Z