I have a bond for deed on my property. The finance company sold my deed to glendale finnace and they are giving me 5 days to move out or pay them $6000. To refinance with them. I am not late on any payments. Can they do this?

I've never heard of a "bond for deed". What was the purpose and terms of this?

A finance company can sell the loan of a property. Again I have never heard of a "bond for deed" I know LA has some real estate laws not used anywhere else in the US.

But my first thought if this is merely them selling them the loan, no they can not. But a lot depends on what sort of loan agreement you had with the finance company.

It doesn't sound right, Bond for deeds are usually for people facing foreclosure.

You should seek an attorney...

Good Luck

READ THE CONTRACT! Does it say that the deed is transferable if so then yes they can, but they can not force you to re-fi with them and definitely not for 6k. Especially if you gave a down payment. Banks are strapped and will employ almost any tactic to get money from you for nothing. Don't be a victim!

Also the new finance co has to honor the contract you entered with the original lender. By the way I have property under a similar type of contract(only in louisiana)