Foreclosure
i am buying my home with owner financing. In our contract it states default after 60 days. He claims I am over my 60 days and he is going to foreclose. He has not sent any letters of demand for past due amount, he has not sent late notices. Can he just foreclose without these documents. I offered to catch up on the 2 months that i am behind, and to pay 1 month ahead, but he refused. What are my rights, am I in trouble? :-? [EMAIL]null[/EMAIL][ Edited by Debdanner on Date 10/18/2004 ]
Please be more specific on the details of your purchase.
This also largly depends on the state you are in and what your contract explicitly states.