Owner financed sale agreement

[tochsia361]

A year ago i inherited my dads house after he passed away. it is a very small place on a small lot. I work as a nurse and knew this lady who sat with some of my hospice patients. she seemed like a very nice old lady her self who needed a place to live so i decided to try to help her out. I wrote up an owner financed sale agreement and disclosed everything under the sun to her. We initialed and signed everything in front of a notary republic and the stamped behind us. That was as "legal" as it got. I did charge anything to move, no finance charge, no interest. Just $200 a month for 45 payments and i will sign it over to you. Now she has stopped paying and got ugly. I think i have to go through foreclosure and/or file for ejectment but im not sure.

anyone out there that can advise me?

ty

 

[ShyCat]

What state?

 

[tochsia361]

Alabama

Thx for the reply

 

[adjusterjack]

I think i have to go through foreclosure and/or file for ejectment but im not sure.

anyone out there that can advise me?

Yes, a lawyer can advise you. Get one.

 

[FarmerJ]

when you began this contract with her did you have it recorded at your county government center desk that handles property sales ?

 

[tochsia361]

when you began this contract with her did you have it recorded at your county government center desk that handles property sales ?

No. I did not have it recorded. As matter of fact I put in the document says she cant record it

 

[Just Blue]

As matter of fact I put in the document says she cant record it

Why did you do that?

 

[tochsia361]

It was in the document I downloaded

 

[nichjere19]

Better get an advice for a local attorney to know the right things to do.

 

[Just Blue]

Better get an advice for a local attorney to know the right things to do.

Please stop regurgitating previously given advice. You have yet to offer anything new to a thread.

 

[tochsia361]

I'm really just wondering if anyone has a guide to do self help. I cant afford an attorney and the house is not worth that much but I hate to think I just screwed up so bad she can keep everything free

 

[Just Blue]

I'm really just wondering if anyone has a guide to do self help. I cant afford an attorney and the house is not worth that much but I hate to think I just screwed up so bad she can keep everything free

https://www.alabar.org/

Call ,the bar assoc and request a referral to a Real Estate Attorney...the referral may be at a reduced hourly rate. Ask for the name of several attorneys.

Take all your paperwork in for a review and ask your options.

 

[tochsia361]

Tyvm! I will be calling tomorrow.

Has anyone every done this on their own? Without an attorney?

 

[Just Blue]

Tyvm! I will be calling tomorrow.

Has anyone every done this on their own? Without an attorney?

I'm sure someone has...

 

[tochsia361]

Well heres hoping they see this and are willing to help/share