If you've bought on house contract?
and the company go defunct what happen beside your house? It may be a stupid query but I own no belief what would take place?
Answers:
Yes read the contract. The parkland owner is holding the mortgage through himself/herself. They may hold it mortgaged themselves, but someone will assume a mortgage because they can form money on it.
A Land Contract is between you and the home/land owner. It is drawn up by a attorney and record by the county. The answer would be stated contained by the contract.
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Answers:
Yes read the contract. The parkland owner is holding the mortgage through himself/herself. They may hold it mortgaged themselves, but someone will assume a mortgage because they can form money on it.
A Land Contract is between you and the home/land owner. It is drawn up by a attorney and record by the county. The answer would be stated contained by the contract.