B
bass10lb
Guest
My Wife and I are in the process of trying to buy a parcel of land and a mobile home to put on it.
Last week we were called by the dealer, and told to come in for our closing. We went in on 10-11-00 signed what we thought were all the papers including the Contract to purchase and the loan agreement.
We were asked to do a recording after the closing to confirm what had taken place, what our mortgage was, what the payment was, what the interest rate and the terms of the contract were ect. We did this.
My Wife was also asked to talk by phone to both The Financial institute that gave us the mortage, and the insurance company that covered the property. She did so.
The Financial Institute covered the amount of the Loan, What the interest rate was, The length of the Loan, The Monthly Payment amount and the First payment due date, and even verified the new mailing address that they would sent the paymeent book to.
Needless to say We were very excited about having closed on our new home.
However on 10-16-00 We received another call from the Mobile Home Dealer Who told us we needed to be at another closing on 10-20-00 to meet with the representative from the title company to close on the land deal with the land owner. We made this closing also.
When this closing was past the part of the title deed and the necessary papers for this part of the closing, We were handed another purchase contract to sign, Which I refused to sign.
The numbers on this contract were entirely different from the one We had signed some 10 days previous, with an INCREASE in the monthly payment of over $98.00
We had already been given a first payment due date, amount of payment, and first payment coupon to mail in with our payment.
Can someone please tell me how these people can legally do this to us.
Last week we were called by the dealer, and told to come in for our closing. We went in on 10-11-00 signed what we thought were all the papers including the Contract to purchase and the loan agreement.
We were asked to do a recording after the closing to confirm what had taken place, what our mortgage was, what the payment was, what the interest rate and the terms of the contract were ect. We did this.
My Wife was also asked to talk by phone to both The Financial institute that gave us the mortage, and the insurance company that covered the property. She did so.
The Financial Institute covered the amount of the Loan, What the interest rate was, The length of the Loan, The Monthly Payment amount and the First payment due date, and even verified the new mailing address that they would sent the paymeent book to.
Needless to say We were very excited about having closed on our new home.
However on 10-16-00 We received another call from the Mobile Home Dealer Who told us we needed to be at another closing on 10-20-00 to meet with the representative from the title company to close on the land deal with the land owner. We made this closing also.
When this closing was past the part of the title deed and the necessary papers for this part of the closing, We were handed another purchase contract to sign, Which I refused to sign.
The numbers on this contract were entirely different from the one We had signed some 10 days previous, with an INCREASE in the monthly payment of over $98.00
We had already been given a first payment due date, amount of payment, and first payment coupon to mail in with our payment.
Can someone please tell me how these people can legally do this to us.