Legal Question in Real Estate Law in Texas

Closed on a home but have not paid yet

We closed on a home with intentions to pay cash but have been delayed on getting that cash, is the house ours or only after the cash payment has been made?


Asked on 1/27/09, 11:03 am

1 Answer from Attorneys
Cheryl Rivera Smith The Smith Law Firm

Re: Closed on a home but have not paid yet

If you have truly "closed" the house should be yours. However, without additional facts, I can't tell what's going on. Did you get purchase money from an outside lender? Is the Seller carrying a note? Is the property merely under contract or contract for deed? Until those questions are answered...who knows?

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Answered on 1/27/09, 11:36 am


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