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    lskelton2's Avatar
    lskelton2 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 27, 2013, 09:43 PM
    Real Estate Contract Be Cancelled
    Our buyers on a Land/Home Contract have not only failed to fully make their down payment payments, but they are consistently late; one time well over 30 days. Do we have recourse to cancel the contract?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Nov 28, 2013, 07:31 AM
    What does the contract say? The contract should have a clause that specifies what happens in case of default. It should define what constitutes default and what your recourse is.
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