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Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Real Estate Law
Satisfied Customers: 19022
Experience:  B.A.; M.B.A.; J.D.
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What is the remedy in a contract when the seller impairs the

Customer Question

what is the remedy in a contract for deed when the seller impairs the equity in Oklahoma. I bought a house from my sister on a contract for deed it was not filed and she took a second mortgage on the house after i fixed it up. now i want to pay it off but she doesn't have the money to close because of the second mortgage.
Submitted: 11 months ago.
Category: Real Estate Law
Customer: replied 11 months ago.
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Expert:  Phillips Esq. replied 11 months ago.

Unfortunately, the only thing to do here is to wait until the second mortgage can be paid off. There is no other remedy here, regrettably.

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