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Final real estate purchase payment
I sold a home to my bosses at the time. The house was 90% complete. The deal was $150,000 up front with a final $50,000 when the house sold to a third party purchaser. Also I was to get paid as an employee to oversee the completion of the home. About one month later the market started to fizzle and the main project that I was employed for went sour and I lost my job. The asking price that we agreed on was $1,200,000 (the appraised value). They started at $1,800.000 and now are at $1,400,000.
I would like to know how to file a lien to help me get paid at the closing. Thank you, Clifford Wilson |
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