Thanks for the response (and advice) Carl. It is with some trepidation that I consider the installment sale but it's been a tough market ... two prior sales have fallen through. This potential buyer is putting down $100K so they've got some skin in the game. I'd hate to foreclose, but with that level of investment I'm hoping the odds are in my favor.
Both responders categorized it as an investment sale. My only confusion is how to handle the loan.
Thanks again!
Ron
