Foreclosure on Contract for Deed
When my parents moved to Minnesota they had really bad credit and they only way they could afford a home was contract for deed. We’ve lived in the house for three years and the man that owns it was foreclosed on. (Mike Parish of Parish Marketing. Getting to be rather infamous.) Well Mike won’t release them from the contract, and without a cancellation on record they can’t buy the home they want. Their credit is good now but it’s too much debt with this contract for deed on record. How do we force a contract cancellation? He is outright refusing to comply.
Tag Archives: Minnesota
contract for deed If the buyer in a contract for deed sale dies unexpectantly…
contract for deed
If the buyer in a contract for deed sale dies unexpectantly without a will and with a balance owing and in default, does the seller have the right to resell the house without going through probate?
default on contract for deed Simple question: I am the seller in the matter of…
default on contract for deed
Simple question: I am the seller in the matter of a contract for deed(CD)for some resort property on lake Mille Lacs. It specifically states in this CD the payment shall be made on the first of the month, with no grace period. I understand that typically there is a 10 day grace period, but our CD specifically states otherwise. Now my question is when can I take legal action for default since it is the 8th of the month and no payment has been made, also what would be my first step. Thank you for your time on this matter.
charge for late installments on a Contract for Deed I need the percentage the…
charge for late installments on a Contract for Deed
I need the percentage the Minnesota Contract for Deed Law provides for Late payments made on the agreed upon Contract.
I also need the code#’s or identifying info for that Law.
Thank You
Lifetime Estate In rental home would like to buy it.
Lifetime Estate
In rental home would like to buy it. Owner is 90 in assisted living. She has a lifetime estate. She still has the Deed, but once she passes it goes to her children. (who would like to sell it)Any way of doing a contract for deed? With out her having tax penalties?