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Wrong amount

Posted on: 30th Jul, 2010 11:48 am
:x
I am currently in a owner finance home and the seller tells me she made a mistake and mortgage is higher, what are my rights. I went thru a real estate agent to purchase this.
Welcome yoli,

You should contact the real estate agent as well as the seller and resolve the matter. If you have signed documents mentioning a stipulated amount of mortgage, then the seller is bound by that contract and she cannot charge you a higher amount.
Posted on: 30th Jul, 2010 11:30 pm
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