Hello, I thought I would post an update to this thread, should anyone else find themselves in this situation. I filed a lawsuit against this builder in the Small Claims division of Magistrate Court. The builder's attorney originally responded to my claim with 17 rebuttals, using legal terms...
Thank you for your reply. In this case, the builder is not bankrupt. I have done a search with the county and the LLC owns other properties and to the best of my knowledge, is solvent. The builder was not delinquent paying the mortgage or taxes. My understanding is that the original loans...
Hello, I entered into a lease purchase agreement with a builder who is operating as a LLC. The agreement required $10,000 in earnest money, that was provided to the builder when the lease purchase term begin, 12/15/2006. The term of the agreement was 3 years and required that the property be...