Legal Question in Consumer Law in Florida
I am currently in a lease to purchase agreement beginning July 1 2009 and ending June 1 2011. The agreement is I paid $6,000.00 on July 1 2009 to be applied to my home loan. And 1,200.00 a month beginning July 1 2009 and ending June 1 2011 to be paid to the home owner as rent. I have been served a copy of the home owners foreclosure. I am not in a position to purchase the home at this time February 27 2010. What are my right? What should I do? What can I expect to happen? �Please help!� In fear of losing $6,000.00. Sincerely Jennifer
1 Answer from Attorneys
You would need to have an attorney review your lease option agreement in order to properly advise you. Also, if the owner's interests in the house are foreclosed and therefore the owner can not transfer ownership of the property to you in June 2011, you may possibly have a claim against the owner.
Coral Gables Attorney
www.balesfirm.com
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