Legal Question in Real Estate Law in Missouri
foreclosure
We have sold a property using a contract for deed. The buyers are habitually late with payments and often their checks don't clear. Can we force them to refinance or at least institute a late fee and if so for how much?
Asked on 6/20/01, 3:15 pm
1 Answer from Attorneys
Michael R. Nack
Michael R. Nack, Attorney at Law
Re: foreclosure
An attorney would have to read the "contract for deed" before giving any legal advice in response to your questions. If you are not represented by legal counsel you may call me for a free telphone consultation at 314-727-2822.
Answered on 7/04/01, 5:33 pm