RentToOwn-HouseFinder.com - lease with option to buy vs. land contract.. what are the up & down sides to these options?

lease with option to buy vs. land contract.. what are the up & down sides to these options?

I want to sell my house BADLY (my husband's ex-wife moved in next door). Can you tell me what is best for us as sellers?

Dont do a land contract. You could give a private mortgage which makes it easier to foreclose if they dont pay you.
I would avoid a land contract at all costs. In a land contract you have to forclose on the tenant/buyer if they don't keep up their end of the contract. In a lease / option you evict them and keep the option money ----which is ALWAYS non-refundable--- and make sure that this is clear in your agreement. If you can sell your house outright, then that is your best option.