Ask Experts Questions for FREE Help !
Ask
    sandastorm's Avatar
    sandastorm Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 16, 2009, 05:51 PM
    Does my landlord have the right to change his mind not to hold the mortgage anymore
    Hello my brother owns the house we live in and sighned a mortgage agreement stating that he would hold the mortgage on the house for us. It says the amount we owe toatl and the mothly mortgage amount including all taxes. He has sighned the contract and so have we but we never got it notarized but it was witnessed by a third party and they sighned it. We have had no problems for the last 6 months at all and we have never been late on the payment and prove that, the problem is he now says he doesn't want to sell the house anymore and is going to get an eviction notice and kick us out. We live in the state of New York and just wonder what are our rights now . Are we going to lose our house ?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Mar 16, 2009, 06:12 PM

    What does the contract say? The fact that it wasn't notarized has nothing to do with it.

    But if you have a contract signed by him that states he will obtain a mortgage for you and you are required to make all the payments and when all the payments are made the house will be transferred to you, then you just bring that document to court and his attempt to evict will be thrown out.

    Its all in the contract wording.
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
    Expert
    		  
    #3

    Mar 16, 2009, 06:20 PM
    Scott is exactly right. As long as you perform all of your obligations according to the contract, and as long as the contract doesn't allow him to change his mind, then your brother is out of luck.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Should you change schools if you are going to hold your child back? [ 7 Answers ]

We are thinking about holding our 1st grader back a year in school. He is the youngest and smallest in his class. He has struggled with his reading skills since kindergarten. He is not at the maturity level of the other kids. He has a reading tutor and his kindergarten teacher tutors him twice...

He change his mind [ 5 Answers ]

I met this guy from work like two months ago and at first we didn't talk much but than he started talking to me joking around saying that we should have sex... I always laugh at him believing that he was joking. But one time we were on the messenger he started saying that he was thinking of me and...

Can you with hold rent if the landlord does not do repairs [ 4 Answers ]

We have been on to the landord to do our plumbing for 6n months as we cannot use the bath or shower and now the toilet is leaking are we allowed to with hold the rent

Will my ex change his mind about me? [ 7 Answers ]

I have been going out with my boyfriend for 7 months. We recently went on holiday and when we returned then I went away shortly after with one of my girlfriends. When I returned he dumped me. I had been back a week and he we had not seen each other and felt he was not too keen. We finally arranged...

Help me change her mind [ 21 Answers ]

I posted this earlier, and I want to see if anyone has any more advice. I met this woman 15 years ago and there has always been a chemistry between us. We married other people. I got divorced and she is now a widow. I was hurt badly in my divorce. We started seeing each other after the death...

View more questions Search