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Old 08-09-2002, 04:20 PM
menta81
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buying a house owner financing


i live in florida and about a year ago my wife and i found a mobile home and land that was owner financing. we got a lease with option to buy. after a year the lease was supposed to be made into a personal money mortgage between me and the owner. the owner sold the house and land to a new person. the new person has not yet done the persoanl mortgage with us. out lease is up but they say they are still going to owner finance us. i have put alot of money in to the mobile to remodle it. can they new owners evict us and not sell to us since out leaase expired a month ago and we have nothing stating the house is ours? i have the house insurance and everhting they aggrement called for and have not voided the lease. what can i do and where do i stand
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Old 08-09-2002, 04:48 PM
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Join Date: Apr 2002
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Go see a Attorney your going to need one any way to assist you with the contract for deed to the property If you buy it . dont waste too much time either have the attorney review all documents pertaining to the option to buy . ( My First Home was on what we call up here contract for deed , I had no realtor the seller did though, but the attorney I had got all the bases covered and made sure that everything was ok . It was some pf the best piece of mind money I ever spent . you wont regret it so go see a Attorney and talk about both Issues the option to buy and also to handle your purchase .)

Last edited by FarmerJ; 08-09-2002 at 04:52 PM.
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