Legal Question in Real Estate Law in Texas

we own a second home that we let our friends lease purchase they paid us a down payment & they pay all repairs & taxes & house payment,now 1 of them have died & the remaining spouse wants to sell house,so what do we do now because the house is still in our name & we owe the finance company.thank you


Asked on 3/30/10, 3:49 pm

1 Answer from Attorneys
Cheryl Rivera Smith The Smith Law Firm

The house can be sold and the lien will be paid off out of the net proceeds of the sale. You should contact an attorney to make sure your interests are protected.

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Answered on 4/04/10, 5:52 pm


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