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Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Real Estate Law
Satisfied Customers: 17442
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: 4 months ago.
Category: Real Estate Law
Customer: replied 4 months ago.
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Expert:  Phillips Esq. replied 4 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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