Legal Question in Real Estate Law in South Carolina

Owner Financing Contract

I ''closed'' on a house (Sles price = $135k with down payment of $48K)

in October 2006.

Now I want to refinannce and the owner who fincanced the house states that the title will not clear due to probate problems that were known prior to my ''purchase''.

Is the contract we have a legal one if 1) I can not refinance with a bank. and 2) I can not sell the house because the title will not clear due to problems prior to ''purchase''?

Please advise,

Tom Turner


Asked on 3/27/09, 9:03 am

1 Answer from Attorneys
Robert Johnston Law Offices of Robert J. Johnston

Re: Owner Financing Contract

I cannot advise you on whether the contract you have is legal without seeing the contract. The best thing you can do is contact a real estate attorney near you who can review that contract and any other documents you might have, ask you questions, and then advise you.

Good luck

Read more
Answered on 3/29/09, 7:15 pm


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