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buyer 2 months late on owner finance

Posted on: 12th Feb, 2009 06:28 pm
Can I reclaim posession of the house I owner
financed if the buyer fails to pay two cosequtive
months?
Hi statman,

This will depend upon the agreement you signed with the buyer. If the agreement states that you can claim the property back from the buyer if he/she fails to pay the dues, then you can claim the property. Check out the agreement properly if such a clause is mentioned in it or not.

Thanks
Posted on: 12th Feb, 2009 09:05 pm
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