I entered into a contract for deed with a couple several months ago. They agreed to purchase my home on a 2 year balloon. We drew up a contract for deed and recorded it at the county. They just e-mailed me and told me that they had some circumstances change and that they will be moving out. They told me to keep my deposit for this month's rent, which is crazy because there was no deposit. There was a small down payment, but no deposit.
I need to know what my next steps need to be. Do I need to send a notice of default? Do I send a demand letter for the full balance? Can I issue a judgment against them? How do I fix things over at the county, as far as the contract for deed? I just really don't know what the proper procedures are from this point forward. I live in the State of Kansas.
Thanks
I need to know what my next steps need to be. Do I need to send a notice of default? Do I send a demand letter for the full balance? Can I issue a judgment against them? How do I fix things over at the county, as far as the contract for deed? I just really don't know what the proper procedures are from this point forward. I live in the State of Kansas.
Thanks