HELP!

[Kelly Vassey]

My wife and I had been looking to do a lease with option to buy for some time in Florida.  We hooked up with a guy that does business through webuyyourhouse.com.  we met with him the owners of he home  we decided on.  The owners were in some part of the foreclosure process.  

Well five months later they are wanting their house back.  We've actually made the house liveable as it was just plain nasty and we've put about fifteen grand into the house.   They state they have the deed to the house in their name, which course they do if deal was structured that way.  Do have legs stand on should we be worried

[Wayne Brooks]

Yeah, what could Possibly go wrong with a sandwich lease option.  Another warning on improving houses you're not on title on.  With any kind of leasse option you are at the mercy of the seller simply refusing to sign the sale transfer when that time comes.   But, we don't Exactly what contracts are in place, but you'll either have to settle with the owners, or sue them and the middle man, likely the latter.  Get to a RE attorney now.  This is in Florida, so you can go to the county clerk of court online, official records, and search the names of the owner and the middle man to at least see what has been recorded.  You should record your leasse option also.

If you can't find it in the clerk records, and want me to take a look, PM the address and middle man name to me and I'll take a quick look.  First thing you need to verify is that the property is not actually in foreclosure.