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Default on Contract for Deed

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C

CFD

Guest
I sold a house to a lady last month with a contract for deed.

She hasn't made the 1st payment that was due on the 10th - and says she can't afford to make the payments. She's already moved out.

My question is can I enter into an agreement to lease/option the property to someone else now -- or do I have to wait for either a release from the previous buyer or a formal eviction process?

Thanks in advance!


 



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