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Ok, perhaps my wife didn't state the particulars correctly.
#1 We live in NY, the property in question is in Arkansas. About four years ago, my wife entered into a verbal agreement to purchase her home with a gentleman from California, since she was moving to NY with myself, and I was outside...
And they are asking me to just sign the insurance check over to them... I dont think I should do that... I think I should pay off the lown... And would they still owe me for the contracted price to keep the propetry or no..???
I own the house... I am the one who has the insurance on it... I told them to get insurance but they did not and I did not wont to have a lown in defalt if somthing happened to the house... So I put insurance on it just incase... I got the insurance through the bank...
What is the name of your state? Ark.
Ok. I sold my house on a contract I keeped the morage as it was in my name and to protect my self I have insurance that is attached to the morage it gets payed when the payment gets payed. Well last mounth the house burnted down. Now the guy that bought...
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