answersLogoWhite

0

You should have recorded in the land records any written agreement (a mortgage or promissory note) you have that is signed by the owners stating they borrowed money from you to buy the house and agreed to pay it back when the house was sold. If you don't have anything in writing you will have to sue them in court. If you win a judgment the court will issue an execution that you can record in the land records. The judgment will be paid to you out of the proceeds of any sale if there is any money left after paying senior liens on the property.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Can you be charged income tax on money loaned to you by family?

Loans from anybody or thing (bank, person, etc) are never taxable.


In your divorce agreement you agreed to pay your ex 12000.00 when your personal house sold He loaned you money to return to school and for living expenses you never saw the receipts you sold your hous?

I read this A couple of times, I could not figure out exactly what the Q. was, But I think, Someone agreed to $12,000 cash settlement (when house sold) and NOW wants to know how much the other got for house,, If this is the Q. It does not matter how much the other got for house, Because there was already A agreed amount to be paid. What if house sold for $9,000, this will not satisfy the agreement, So none of the other buiseness.


Why is someone charged with felony burglary if they were the driver and never went into the house?

Someone can be charged with felony burglary even if they were the driver and never went in to the house because they helped in the commission of that crime.


What do you say to someone who never spends money?

"You're smart"


How long After house is sold does it take for beneficiary to get money from sale of home?

if you have our executors you will never get your money


What is the least interesting about the White House?

It will never be a permanent home for someone


How do you avoid dangerous situations?

Never go outside. Stay at your house, except for when you go to school. Never let someone in your house other than someone who you or your family know.


Could house of Anubis actually happen to someone?

never that is highly unlikely


What are opinions on mega tellycom?

Never send someone money for a free product.


Is it ok to give money to someone you know but never met?

No and its also not safe.


Has a player ever been loaned to Glasgow Rangers from Glasgow Celtic?

No, there has never been a direct sell either.


What something people should never leave the house without?

people should never leave the house without their phone and key FAMILY FEUD: keys money cell phone clothes ID