Owner - Finance Home did not pay the bank

[Maximiliano Rodriguez]

Case: Bank is foreclosing on property “Normandy”, the property is under “Teresa” owns the loan with the bank. At Normandy lives “Maria” who claims be the owner of the house and who has been paying the house for the last 4 years with no delays to “Teresa” – Owner Finance.

What are options for “Maria” and what documentation should have to prove ownership and save the house?

[Theresa Harris]

What did the contract say when she agree to buy it through owner financing?  Maria can sue Teresa, Maria can talk to the bank and offer to buy it for the balance remaining on the mortgage (may work out to a better deal if the mortgage is older and has been paid down over the years).