Does anyone know how to write up an official mortgage? Real estate property?
I am selling my property to my ex and need to know how to write up an official mortgage agreement. We both already agreed on an amount to be paid bi-weekly. He cannot buy the property outright because of his bad credit (he cannot get a loan). So, I have to hold an official mortgage to cover me in case he suddenly stops making payments. Does anyone know of any links to a legal form that I can print out and we both sign and get notorized? Or are there any lawyers out there that can write one up for me?
me and my father moved to peru indiana september 14th 2009 and we are currently renting. we have been looking at houses since january 23rd because we are tired of renting. we have run into a lot of shady deals. for example we put in an offer on a house that was on the market for 3 days. when we heard back from the real estate company they said that an “offer” was placed a day before we made an offer. turns out it was a back room deal and the real estate company literally threw away our offer to get double commission.
Now we have run into this problem. We decided to pay full price for a home that was 31,900. It said on the MLS sheet real big THIS HOME DOES QUALIFY FOR A HOMEPATH MORTGAGE 3% DOWN NO PMI.
so we thought great! not so much…they wouldnt give us the loan because the forclosure DOES NOT qualify for a homepath mortgage. you can only pay cash. we are tired of getting screwed around on back room deals and shady advertising. can we sue for false advertising since we put $ 1,000 earnest money down and are not even sure we can get that back. HELP