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How can I forclose on a property I financed.

Posted on: 10th Mar, 2009 09:49 pm
Hello,
Can anybody help or direct me in the right direction, I financed my home a manufactored home, for the balance o f$ 30.000. Now the buyers are 4 months behind, Haven't paid house taxes or insurance and are 1 month behind on space rent. I have paid the taxes and insurance as the home still has my name on title. What can do or what steps do I need to take to take it back? I have a notarized contract.
Hi kristinam,

As you do have a notarized contract, I think there must be a way to terminate or reverse that. A consultation with an attorney would be the best option I think you have.
Posted on: 12th Mar, 2009 08:10 am
i finance a house and they are one month behind have to rag them for the money and that have tore the roof off the house my question is i have a contract with them but it says if they get three months behind i can forclose can i forclose sooner
Posted on: 24th Jun, 2011 01:37 pm
Hi angelpie,

As you have a contract which specifically states that they have to 3 months in default for you to foreclose the property, you won't be able to foreclose it now. Nevertheless, you should contact a real estate attorney and take his opinion in this matter.

Thanks,

Jerry
Posted on: 27th Jun, 2011 01:33 am
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