Owner finance decides to sell property

[Glenda Spears]

I have lived in a house for 3 years in Alabama with owner finance. Over the 3 years we have sunk over $50,000 into the property and home. Now the owner wants to sell.  Is that legal? Do I need to hire an attorney? The owner is waiting until it's time to renew the lease to do this. What should I do?

[Randy Rodenhouse]

@Glenda Spears

@Glenda Spears

You said a few things that are contradictory so want to clarify. You said you bought the home with owner financing which typically means the seller deeded the house to you or you may have bought on land contract which means the deed goes to you once you have paid in full. But either way it is your house and he cannot sale a house you own unless you are not paying and then he would have to go through the proper legal process. But the last sentence you talked about renewing the lease. So are you leasing the house with an option to buy (in other words bought on lease option)?