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carry back a second mortgage

Posted on: 20th Dec, 2008 08:40 am
i sold some ground for 1.8 and got the 1. and did a second on the.8, but have found out now they took out 1.35 on the first. I never agree to that, is that legal
Do you have an agreement showing that they could not get more than the 1? Sales Contract? Who handled the closing? They should have followed the contract. The closing statement must be signed by the seller, you, and the first mortgage amount on the closing statement. I am not sure how it got done the wrong way, I would get with the title company/closing attorney.
Posted on: 20th Dec, 2008 10:07 am
contract was very plain. on the closing statement it said 1.35, and i asked but they said we got some more to work with,,i didn't think about that amount being on the 1st, I messed up. Now they are behind and seeing what I can do!!!!!!!
Posted on: 20th Dec, 2008 04:37 pm
Welcome Buzz,

In my opinion, it will be better if you can consult an attorney in this regard. An attorney will help you in taking the right steps to resolve the issue.
Posted on: 21st Dec, 2008 11:35 pm
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