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.

Follow Ups:

---

Name    : 
E-Mail  : 
Subject : 

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        : 

   _
   

If you press "Preview Message," you are taken to a preview screen where your
message is shown to you before allowing you to post it.
Your message is not finalized until you click "Post Message".

---

Foreclosures Section

Foreclosure Help

Foreclosure Investing

Real Estate Articles

Our Site Resources

Discussion Archives