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Updated about 7 years ago on . Most recent reply

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2,113
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Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
195
Votes |
2,113
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Pending Foreclosure on a Sale Subject to my Owner Finance

Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
Posted

Failed to collect Property Insurance and Property Tax on my promissory Note now buyer refusing to pay $15,000 delinquency on mortgage that is $709 per month @ 4% with $93,000 balance now pending foreclosure.  Any suggestions for solution to my error?

Most Popular Reply

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
62,806
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42,664
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Wayne Brooks  this is text book or Classic what can go wrong in sub too and with folks that really don't know what they are doing.. if the underlying mortgage is in

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JLH Capital Partners

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