Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

contract of purchess of property

Posted on: 03rd Mar, 2008 04:41 pm
were does a contract of purchess of property fall in ala. law, rental, mortgage, rent to own???
Hi Tun,

Welcome to the forums.

I guess you are buying a property in Alabama.

Now, the terms like rent to own and mortgage speak of different scenarios altogethre. What exactly do you wish to know - is it the name of the home buying contract? The contract is known as Real Estate Sales Agreement.

Take care and if you have further queries, please feel free to ask.
Posted on: 03rd Mar, 2008 08:27 pm
i have a contract to buy property and it says its a contract of purchase for property and even though i have not defaulted on the contract the seller is trying to evict me as though it is a rental agreement
Posted on: 03rd Mar, 2008 08:44 pm
Hi,

How long has been since you have bought the property? Are you paying for any mortgage taken by the seller? I find no reason why he should evict, may be he needs the property for some other purpose and he is forcefully trying to evict you from the property.

Thanks
Posted on: 03rd Mar, 2008 10:07 pm
Page loaded in 0.101 seconds.