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Getting out of a land contract?
I've been in a land contract since 11/08 and the seller agreed to report my payments to the credit bureaus, and also claimed that all major appliances (including furnace and sump pump) were in working order before I signed the contract. He told me the house had been inspected and everything was okay.
To be brief the sump pump and furnace died within 6 months. House payments have NOT been reported to the credit bureaus, and when I make the tax payments, the seller asks me to modify the receipts to show his name instead of my own, so he can provide the copies to the mortgage company. He also shows up unannounced at my house. He's been meddling in my other personal business and it makes me uncomfortable. It all seems shady, and I want out. However, this land contract was recorded. What can I do? How can I get out of it? |
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