Anyone know a real estate lawyer?
Got a house with a lease to own contract. They don't buy by the end of the month we get the $10K. They want to make a new deal. We have a contract.
Need to consult with a real estate lawyer to figure out the best path. Anyone know someone? |
I do Lease to own contracts. Not sure I understand your question ?
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You own the house.
You've leased it out on a contract. The contract is up and it's time for them to buy or forfeit. Is that what you're saying |
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Bullshit negotiate. Thats lawyer speak for get more money. If you have a binding contact they either are out buy the end of month or fork over the 10,000 G's.
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Or buy it like they promised.
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They said we can't qualify for a loan.Our realtor put them with a private investor that offered them a loan for $200 a month more than they are paying us in rent. They declined the mortgage. |
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We are worried about them squatting, staying, tearing up the place, the friend doing something with the money etc. |
I'd stand firm on a rent increase with another contract or tell them they have to move out. they signed the contract . They knew what it said.
I put a couple in a house in January . they paid me $2000 down and first months rent $700. They haven't paid since and we go to court next week but I think they will finally be out by this weekend. I started putting a clause in my contract that states in bold print that if the lease payment becomes 30 days late it renders the contract null and void and the contract becomes a "rent only " contract. Just FYI |
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