i SOLD A MOBILE HOME ALMOST 4 YEARS AGO ON BASICALLY, IVE BEEN TOLD IS A CONTRACT FOR DEED. IT IS A VERY BAD ONE PAGE DOCUMENT. (IT WAS MY FIRST EVER TRANSACTION). ANYWAY, THE TERMS WERE MONEY DOWN, MONTHLY PAYMENTS WITH INTEREST. THE PEOPLE HAVE 6 MONTHS LEFT ON THE CONTRACT. IT ALSO STATES THEY MUST PAY ALL ASSOCIATED COSTS LIKE INSURANCE, ETC.
HERE IS WHAT HAS HAPPENED.
THEY HAVE PAID PROBABLY A DOZEN OR SO TIMES OVER THE COURSE OF THE LOAN, BUT YEAH I ACCEPTED THEM. USUALLY I SENT A NASTY LETTER TO THEM THREATENING FORECLOSURE. IT EVEN GOT SO BAD THAT I REFUSED TO ACCEPT PERSONAL CHECKS FROM THEM B/C THEY WOULD KEEP BOUNCING. THEY PAID LATE LAST MONTH (NOVEMBER), I SENT THEM A LETTER ABOUT IT. I SPOKE TO THE OWNER AND TOLD HIM IF HE PAYS LATE IN DECEMBER , I WILL CALL THE NOTE DUE AND PAYABLE B/C I AM REALLY SICK OF DEALING WITH THEM. DECMEMBER- HE PAYS LATE ONCE AGAIN. THIS TIME I SENT A LATE LETTER AND I CALLED THE NOTE WITHIN 10 BUSINESS DAYS ( DONT KNOW IF I CAN DO THAT). ANYWAY, I HAD SEVERAL CONVOS WITH HIM; HE STATED THEY COULD PAY IT OFF AND WE ARRANGED A DATE TO MEET. ( I LIVE ALMOST 300 MILES AWAY). IT WAS AGRED TO VERBALLY, BLAH BLAH BLAH.
I CALLED HIM AT LEAST 15 TIMES IN THE DAY PRIOR AND CURRENT TO TRY AND GET A HOLD OF HIM. I DECIDED TO GO VER THERE. I GET THERE AND THE PLACE IS DESTROYED. THE FRONT DOOR WINDOW IS BROKEN, YARD/LOT IS A MESS. UPON FURTHER INVESTIGATION, A TERRIBLE SMELL WAS EAKING OUT AND I LOOKED INSIDE TO SEE A TOTAL MESS. I CALLED THE POLICE FOR AN ESCORT INSIDE- I DIDNT KNOW IF SOMEONE WAS LIVING THERE OR WHAT. WE WALKED IN TO SHIT EVERYWHERE. THE ELECTRICITY WAS TURNED OFF, FOOD LEFT IN THE REFRIG, SOME SMALL FURNITURE, AND IT STUNK TO HIGH HEAVEN. TRASH, PAPERS, CLOTHES, MISC. GARBAGE EVERYWHERE. THE COP EVEN SAID “IT LOOKS LIKE THEY ABANDONED IT”.
I INVESTIGATED FURTHER. NEIGHBORS VERIFIED THEY MOVED OUT ABOUT 3 WEKS AGO WITH A UHAUL, THERE WERE TRANSIENTS GOING INSIDE, NEIGHBORHOOD GANG MEMBERS GOING INSIDE ALL THE TIME, ETC.
I WAS CONCERNED ABPOUT THE SAFETY OF THE PROPERTY. I SECURED THE BROKEN WINDOW SO NOONE COULD GET IN AND CHANGED THE DOOR LOCKS. I TRULY BELIEVED THEY MOVED OUT.
I GET A CALL FROM LAWYER THEY “SUPPOSEDLY” HIRED YESTERDAY THREATENING TO SUE ME.
I HAVE TRIED TALKING TO LAWYERS, EITHER THEY KNOW THE OTHER ATTORNEY OR SDONT HAVE TIME OT DEAL WITH IT. THE LAWYER WANTS ME TO HAND OVER TITLEW TO THEMN AND EAT THE $1300 THEY OWE ME. THE OTHER THING I FOUND WAS THAT THEY POSSIBLY PROVIDED ME WITH A FALSE PROOF OF AN INSURANCE BINDER FOR THE TRAILER. I FOUND THAT OUT TODAY.
I DONT WANT TO LET THEM WIN AND GET THE TITLE FOR BEING SCUMBAG- PIECES OF SHI*.
MY THOUGHTS ARE TO WRITE THEM A CERTIFIED LETTER CALLING THE NOTE DUE AND GIVING THEM THE NEW KEYS TO THE PROPERTY.
BY THE WAY, THE ATTY THREATENED TO TAKE ME FOR $100K… FOR THIS WHOLE SCENARIO.
DOES ANYONE SEE ME GETTING SUED OVER A $1100 OR SO REMAINING BALANCE ON A CONTRACT FOR PROPERTY?
THE FEW ATTORNEYS I SPOKE TO THINK ITS A BLUFF. MY BACK UP OFFER IS TO ACCEPT THE REMIANING PAYMENTS FOR 6 MONTHS AND HAND OVER TITLE. THEY WANT THE TITLE NOW, FREE AND CLEAR, IM NOT WILLING TO DO THAT. IS THIS COUNTY COURT MATERIAL? SHOULD I BE WORRIED?
THE BUYER SUPPOSEDLY PAID THE ATTY A $1500 RETAINER. THAT IS THE RESAONING BEHIND ME JUST GIVING THEM THE TITLE FOR FREE. I FIND IT HARD TO BELIEVE THAT A LAWYER WOULD SUE OVER SUCH LITTLE AMOUNT OF MONEY.
PLEASE, ANY THOUGHTS. IM IN TEXAS. THE PROPERTY IN NEAR HOUSTON.