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Foreclosing on a seller financed property
My Father sold his home in WV and setup seller financing for the buyer. He is now in Texas and the buyer has not made a payment since January and is not responding to attempts to contact. I am not aware of the specifics of the contract at the moment but I need to help him with this. I would imagine that we would need to get an attorney of some sort involved, but what type, real estate? Also, would it be best to secure an attorney that is local to us in Texas or local to the property in WV? If I do need to find a real estate attorney would I be able to source one through bigger pockets?
Most Popular Reply
Hey Paul,
Sorry to hear about your situation. Yes, I would look for a real estate attorney local to WV. I think there is a sort of “vacuum” here at BP as it comes to West Virginia, so unfortunately I can’t think of any to recommend from the BP community.
Where in WV is the house? Just curious the area, since there’s a lot of market diversity in the state.