We bought a home under owner financeing in 1996 we had a ballon payment due 5 years later. We refinanced with Ameriquest, the owners where paid 70,000.00 from ameriquest, and we had 25,000.00 on the side to pay the owners( it came 250 a month)The owners are being represented by their son-in-law who I think is a realestate lawyer of somekind. He says we still owe 9000.00. The issue is this, the original purchase pf 100,000.00 was never removed from the title. Even if we owe this 9000.00 which he has failed to provide proper documents, the lien is still at the original amount, and won't change it until the 9000.00 is paid. Even after they reived monies from a mortgage co., and we have been trying to sell this house since may of 07.
We can not refinace due to this lien or sell until it is resolved. This man is very difficult to deal with, and our lawyer is at a loss. Is this man committing a criminal act of not changing the lien amount even after 6years.
Thanks Celadd
We can not refinace due to this lien or sell until it is resolved. This man is very difficult to deal with, and our lawyer is at a loss. Is this man committing a criminal act of not changing the lien amount even after 6years.
Thanks Celadd