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Updated over 11 years ago,

User Stats

60
Posts
7
Votes
Sharon Rolel
  • Birmingham, AL
7
Votes |
60
Posts

Sold house with financing, buyer refuses to pay

Sharon Rolel
  • Birmingham, AL
Posted

Hello!

I have recently sold a house in FL for $86,000. I received $65,000 in cash, and agreed to finance the rest. Since then the buyer has stopped answering my calls/e-mails and I am stuck with a pretty big loss.

The buyer has since resold the property and doesn't own anything else in the US, but does in his own country (Israel, which is where I'm from as well).

What are my options? I was quoted $3000 legal fee for suing in Florida but would have to spend more to get the judgement translated etc. and may need to deal with a courthouse in Israel as well.

Thanks!

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