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Waterwood at Eagle Creek : Real Estate Advice

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Mon Aug 19, 2013
Peter Knight answered:
Rios,

Were you buying the house on contract? Have you been making payments to the sellers? If that is the case, take a look at your contract; there may be something about what to do if the sellers default on their mortgage. Frequently, the buyer (you) can make payments directly to the bank.

I suggest you consult a Texas real estate attorney. He/she may be able to negotiate with the bank to protect your interest/equity position.

Peter Knight
peterknight@frontier.com
(317) 529-4178
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