dixie1234
Aug 9, 2009, 11:09 AM
I purchased a home 7 years ago with owner holding mortgage now I wanted to get a bank mortgage and can't get one because the structure of the house is in bad shape, the beams are rotting away and I got an estimate of 11,000 to fix and the roof has 3 layers and needs to be replaced I have put 2 new furnaces in hot water tank and a side roof for 1600. Now the landlord says she will take back the property because I don't want to pay 42,000 for the balloon payment because the house is not worth that with the problems. I have already paid 31,000 over the 7 years. My question is do I have any legal rights to get her to pay for some of the repairs I did because the structure problem was there when we bought it I just didn't know it till now, and the roof was bad.I really hate to give back the house after paying about 36,000 so far the purchase price was 50,000.