Legal Question in Real Estate Law in Oregon

I need to walk out on a house that I bought on a private land contract less than a year ago. What can happen to me?


Asked on 4/02/10, 12:47 am

1 Answer from Attorneys
Daniel Meek Daniel W. Meek

The seller can sue you for what you still owe him. The bank can sue you for the balance of the mortgage, if any exists. Your credit rating may get trashed.

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Answered on 4/10/10, 5:21 am


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