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Updated over 3 years ago on . Most recent reply

User Stats

10
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1
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Bryan Compton
  • Rental Property Investor
  • Southern Oregon
1
Votes |
10
Posts

Next steps when buyer defaults on land contract carried by seller

Bryan Compton
  • Rental Property Investor
  • Southern Oregon
Posted

Hello All,

I’m looking for advice on what your next steps would be when a buyer stops paying?

This is on a land sale contract with owner carry through a note servicing company. No home on property.

We have already sent out a late notice.

Has anyone gone through with foreclosing on land recently?

Thanks.

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