Help !!!! Working on a rent to own acquisition

[Lisandro Garcia]

HELP !!!

Working on taking over a owner - owner rent to buy house

Framework of Orginal deal -

Sale price 59k

Downpayment 8k

Monthly payment 850 for 60 months (5 years)

The buyer ( Nelo ) was on time for 12 of the first 15 months she recently has been going on bad time and missed her last 3 payments . She always didn't make her tax payment last year which was 2,700 and this year she back up on one payment of $800

She contacted me

Asking for 8k for the house and to take control of othe remaining 48 payments which I thought was fair .. Here where it gets tricky

I went ahead and contacted the owners of the property and they informed me that the contracted with the buyer (Nelo) was voided and that she was going to be evicted from the property and that they would be willing to work with if I paid the 3 months she was backup and also paid the back up taxes but her the part which I didn't like they told me if I wanted the property they would start the 60 months over again . I don't find this right and not good business the buyer Nelo has invested over 18k in this property . Which they said she doesn't deserve nothing because her contract was voided . Lose 18k for 2700 of missed payments and back taxes doesn't seem right and is not good business

The was definitely a deal breaker for me. What should I do the house is great value and it can be a money marker for me in the right situation . I was willing to offer

850x 48 months

And pay the back taxes and also give Nelo something .

What do you think I should do and what can Nelo do in her situation ?