Agreement of Sale
My husband recently signed an ”agreement of sale” for a parcel of land (owner financed). He signed this with the assurance by the seller/owner that some improvements would be made before closing. Closing is approaching and no improvements. Unfortunately, these improvements are not mentioned in the agreement of sale, is there any recourse for us?
I feel my husband was taken advantage of because of his obvious lack of property buying experience ( there are several other ‘happenings’ that make me wary of this deal). What are our rights? Is there any legal way for us to back out and still receive our deposit back. Nothing has been notarized or any third parties involved.
Also, if we follow through on the purchase do we have any say in the actual sales contract or must we accept whatever he provides? Could he spring a ‘land contract for deed’ on us (heard bad stories about that kind of agreement)
I want to add that although I have been refering to ”we”, I have not been asked to sign anything, and was not consulted by anyone (including my husband, grrrr). Could this become MY responsibility should something (god forbid) happen to my husband either physically or financially? Please excuse our stupidity….we can’t help it.
Tag Archives: Virginia
Contract for Deed Want to do a contract for deed on my home with my daugter…
Contract for Deed
Want to do a contract for deed on my home with my daugter but i have a 2nd on my home also,I would like to hold the 2nd my selve is this possible? i owe 83.000 0n 1st and 15.000 on 2nd. What can i do if any thing?
seller in land contract The escrow agent has contacted me stating the purchaser…
seller in land contract
The escrow agent has contacted me stating the purchaser has secured a contract for the sale of my home.He wants me to ok for him to deliver the deed of conveyance to the closing agent.The problem is the purchaser has failed to make the last monthly installment and late fees.Nor has this individual paid condo fees w/in the term of the contract.The contract states purchaser is liable for the condo fees after the date of possesion.When the contract was delivered to me 2 weeks after it was signed by our agent/SPOA.We questioned him as to where to send the info for the assoc fees to be paid.He then advised us that we were to pay the fees because it was included in the contract as a lump sum fee to his company that was named property manager.That info is no where in the contract.Now I’m being advised I have no grounds to collect said fees because of scriveners error even though the purchasers atty wrote the contract.Do I have to release the deed?Can I hold her in default if the monies due are not paid by the exp date?
What can I file/ do?
What can I file/ do?
I own a golf cart that I recently had a buyer for, I have a written contract between him and I. The contract stated that after all repairs are completed, new paint, backseat intalled, lights and the cart is properly wired they will pay the rest of the money owed on the cart. Now they have backed out of the contract and had their attorny send me a letter stating that they are going to file a suit against me for $450.00 (which is the down payment for parts) and they told their attorny that they own the cart. I have the original bill of sale for the cart and all the recipts for the work completed. I never sold them the cart yet. They are trying to sue me for forgery (on the contract), the $450.00 back, and they said they own the cart. What can I do or file?
Buyer Didn’t Register Car I Sold I sold a car in 1999 and recently found out it…
Buyer Didn’t Register Car I Sold
I sold a car in 1999 and recently found out it is being stored at a wrecker’s lot and a $5,000 has been turned over to collection in my name. Buyer never registered car. We didn’t do bill of sale because I sold car for $100. Can’t find buyer…he is a drifter. What can I do to get this off my credit?