Legal Question in Real Estate Law in Florida
when i sold my house the buyer had to get a loan for the purchase of the house. at the time of signing the papers the third party ( which was a person not a bank) became the primary morgage holder and i became the secoundary morgage holder. Now the buyer has not paid his loan and has vacated the house. who owns my house?
Asked on 1/27/11, 11:58 am
1 Answer from Attorneys
Shelly Schellenberg MI & FL
private practice
You need to take all of your papers to a real estate attorney, who can determine the facts of your case, and then apply the law to the facts. You have entered the world of foreclosure, and this is not a place for novices. It doesn't sound like you own the house, it sounds like you have a financial interest that is subject to a superior interest. Not a good position to be in.
Answered on 1/27/11, 5:57 pm
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