Re: Owner financed home
Posted by Ray on February 03, 2005 at 21:55:42:In Reply to: Owner financed home posted by jhenry on February 03, 2005 at 15:23:44:
: We have owner financed a home in Texas with $5,000 down.The new owners are 4 mos. behind in pmts and are behind pro-rated prop. taxes for nine mos. in 2004 and two mos. in 2005. Need some advice on proceedures. Have sent two diff.30 day default letters.
You have no choice as a business person but to get an attorney and foreclose.
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Comments:: : We have owner financed a home in Texas with $5,000 down.The new owners are 4 mos. behind in pmts and are behind pro-rated prop. taxes for nine mos. in 2004 and two mos. in 2005. Need some advice on proceedures. Have sent two diff.30 day default letters. : You have no choice as a business person but to get an attorney and foreclose. Optional Link URL : Link Title :
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