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View Full Version : Interest in a contract for deed


butcherina
Sep 1, 2012, 02:43 PM
Can a seller charge you additional interest from the 1st to the day you pay, without it being stated in your conttract?

Fr_Chuck
Sep 1, 2012, 02:53 PM
Nothing additional can be charged * but, if you are late on the payment, they may normally declare you to be in default of the contract, declare the contract void. So the issue is you can not pay late. So you need to fix the problem that you are causing by paying on or before the first in all future payments