| I have been paying for some land for 7 years inwhich I thought was going to be paid off in 2001. Orignally, when I purchased the land, I was given a 30 day cancellation of contract rights. I did not like the property. I was talked into another lot with a refinance. They would drop 1% interest rate and make it a 7 year note instead of 10. My question is: The 1 note reads pay off in 2004 interest rate 12%. The refinance 2nd Note reads pay off 2001 interest rate is at 11%. All along I was believeing my land is paid off this year. Now I am told that it is not & The financial paper work shows I have 3 more years until paid in full, yet the deed of trust says payable on or before June 2001. Will I lose this land if not paid off 6/2001. I spoke to the land owners and they tell me just to keep paying until 2004. What recourse or rights do I have? |