All Forum Posts by: Marija Petrovic

@Ronald Rohde do you think you could help with this ?

I purchased a single-family home in Dickinson, TX in 2022 through owner financing. Everything was documented and closed properly — with a clear amortization schedule, seller financing addendum, and escrow for taxes and insurance.

I’ve made every payment on time and in full for nearly 2 years.

Now suddenly, the loan servicer increased my monthly payment by $282. When I asked for a reason, they said they don’t know and told me to contact the original lender.

The lender responded claiming:

• Escrow was underfunded for the past few years;
• They “did me a favor” by not raising it earlier;
• And now they're asking REI to calculate how much I owe them retroactively for 2022, 2023, and 2024.

My understanding:

This appears to be a violation of the seller financing agreement, as well as Texas escrow servicing laws and possibly even RESPA. I’m concerned about their attempt to back-charge me thousands in “underpaid” escrow despite no prior disclosure.

I’m looking for:

• A Texas-based real estate attorney familiar with seller financing and escrow compliance;
• Or insight from investors/lenders who’ve handled this type of dispute before.

If you've worked with someone reliable or been through something similar, I would truly appreciate your help.

Thank you

@Stephen Morales it is vacation rental home (or second home) we've used it for vacation time, family and Airbnb in winter during season.

House is in Big Bear CA Sugarloaf, about 1000 sqf, 2 bed 1 bath large living room area all remodeled. there is also adjacent lot as part of the property where another house can be built or sold as separate lot.

My agent said we could sell it for 375k, the remaining loan balance is 258k and I would ask for 40k buyout.

Loan is FHA with interest 2.448%, loan payment $1800 a month, and my agent said we could rent long term for $2100 a month.

Loan is assumable (already checked with the mortgage company) and my partner said she would coordinate with new buyer for either her to assume the loan or new potential partner.

@Chris Seveney Our comapany is on the deed that we both own 50/50, I am the mortgage holder.

@Ken M. I don't know where to look for buyers to sell shares like this, should I list on Zillow?

@Greg Scott she doesn't want to sell. We have operating agreement but it wasn't signed by us, I guess we forgot to sign it. It is in my house lol. Our CPA sent us 3 years ago and we didn't sign it. But there are 2 certificates with shares of 50% each.

So since it wasn't signed does it mean default state LLC rules apply?

@Ken M. she doesn't want to sell. We have operating agreement but it wasn't signed by us, our CPA sent us 3 years ago and we didn't sign it. But there are 2 certificates with shares of 50% each.

My partner and I hold property 50/50. I want to sell, she doesn't. We have operating agreement but it wasn't signed by either one of us, so I guess that is unenforceable. 

What should I do? Should I force company dissolution?sa

I own 50% of company that holds a property, and I am looking to sell my share. Anyone has experience/advice when it comes to deals like this?

Thank you both @Jeff Nash and @Henry. 

No , LLC doesn't own any assets, I've had a partner in the past, we terminated partnership in 2021, I've got state filings to reflect that it is a single member LLC, and also got a new operating agreement where it shows me as only member, and my tax filings reflect a single member. Recently, I was curious if there is anything else that I should do on federal level, or any other way just to get a 100% confirmation that I'm the only member (besides state filings).

@Jeff Nash

@Henry Clark