 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Contract for deed
A contract for deed is set up so that the buyer sends the monthly payment to the seller, and she in turn is supposed to send the money to the lender. What happens if the seller fails to send the monthly payments to the bank and the bank forecloses on the porperty? What rights do the sellers have? Can they file a lien on the house?
|
||||
Check out some similar questions!
I need to know where we stand, this is very frustrating for us. The proposal was land (Wyoming), and refurbished trailer in the country. We put $2,000 down and went to an escrow company to fill out the paperwork for closing etc. "Contract for Deed" The contract stated we would take possession...
Do I have to put the buyers name on the DEED if I'm selling on Contract for deed. I don't really want to being that the house is still financed. I 'm understanding that the deed will change when the property is paid off.
Ok, I have posted before. I had a contract for deed piece of property, and have myself been going back and forth with a lawyer and the client. Trying to make a offer to end this nightmare. I offered them 1000.00 in 10 payments and at the end of that to sign a quitclaim deed or 500.00 and...
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
