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No, you will not get your payments back. If you do not complete the purchase, you have essentially been renting the property.

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9y ago

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Related Questions

Can you get back a repossessed car if you pay the missed payments?

You get it back after meeting the terms of the contract. the LENDER will tell you how much it costs to get it back.


Can landlord sell land you are buying from him on contract?

If you have a signed and notarized contract with him for the purchase of land, call it "parcel A", he cannot then go and sell "parcel A". Unless you have violated any of the sections of the contract, for instance, with a late or missed payment. And if you did, the contract would not necessarily have to say that it would void the contract, that could be taken as a given. (You'd need an attorney to know for sure on that last point.) You need to take your contract, and record of payments, into an attorney in your area and learn of what you can do. Meanwhile, keep making the payments, and do not be in breach of any section of that contract.


Can a party take back the prophety if your still making payments on it?

depends on contract, if your up to date on payments they usually wont. if you pay in full at time of purchase it wont be a problem


What is the Effect of rescission on a contract to sell a piece of land?

When a contract to sell a piece of land is rescinded, it means the contract is canceled. The parties are released from their obligations under the contract and must return to each other any consideration that was exchanged. The land goes back to the original owner as if the contract never existed.


How does a personal mortgage differ from a land contract?

A mortgage is a loan from a lending company or a bank, and usual the loan was the total cost. The loan customer then has to make payments to the bank . When a loan is obtained, a customer's credit score is taken into consideration and will determine the amount of interest the customer will have to pay on the loan. A land contract avoids the use of credits scores, and payments are made directly to the property owner until the contract has been satisfied.


How can you void a contract with a car dealer if you can't make the payments?

Once in contract with a car dealership you are bound by law to carry out the remainder of the contract and make all payments or face criminal punishment.


Is it better to let take someone take over payments with a contract?

depends. but contract is better than no contract


If the car leasing company cancels your lease for late payments do they owe you your money back?

No. If *they* violated the terms of the contract, they might owe you money. But if *you* violate the terms of the contract they keep whatever you've paid. Check your contract for what they're allowed to do.


A general document that explains payments deliveries and?

contract


What does it mean a house for sale says under contract?

It could mean the owner is selling the house under "land contract". It is much like renting, except that after a certain amounts of payments, you make the final one, and you own the house.


If you sold a car under a verbal contract to someone in California and she registered it there but then moved to Minnesota and won't make payments what can you do to get it back?

Sue her...Or try to talk to her.


Can they legally repossess your car if all your monthly payments are up to date but you have made a few payments a day or a week late?

Read your CONTRACT. You have to be in DEFAULT of the contract for the lender to repo. If you are current on payments, what else can you be in default of?? INSURANCE coverage?