That is why it is hard to get regular real estate loans on assets valued so low, the cost of the refinance makes it so you are paying higher than they can legally charge you percentage wise.

If that does not go in my favor I may need to seek legal counsel.

U cant have 1 million platted legal lots of record of which maybe half are built on.. and expect linear rise in values.. 

In this case, she had no right to the common area and no legal standing for a lawsuit.

No legal advice here, other than get good legal counsel on those two matters. 

I frequently see where one party is awarded the property and debt and is mandated to sell or refinance it within a certain timeframe to have the other party removed from the note/mortgage.

You are correct; it would be awkward having two different parties staying on the property. 

The contract was a simple 3 page one and I wrote this in.Also, it is a single family being rented as a rooming house (which is technically not legal here).

He strongly advised me to take legal action.Please don’t fall for this scam.

The hardest part is taking that first step, and you’ve already done it—now it’s all about being a sponge and jumping in when the opportunity feels right.I am happy to answer any questions you may have.