Legal Question in Real Estate Law in Indiana

I signed a purchase agreement for 5 years then balloon payment due on property. I am half way thru the 5 years. now if I do not move closer to work I will loose my job. Is there any way to keep from being sued for the last half of contract


Asked on 2/24/11, 3:43 pm

1 Answer from Attorneys

Assuming that the agreement is assignable, you could assign it. You also could sell or refinance it for more affordable terms on a monthly basis.

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Answered on 2/25/11, 4:40 am


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