Quote:
Originally Posted by SleazyDream
i put a $30,000 downpayment on a $100,000 piece of land.
Jman put no money down. just rent to own monthly payments for 49K of it - I owned 51K of it. he paid in about 16K ish over the time we owned it before I went bankrupt
i paid all legal bills to set up the agreement and paid all taxes too.
he missed 5 months of payments - read above for the rest
bank took back the land but was willing to consider letting Jman take it over....
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How much were the payments to the bank ? and how much were his monthly payments to you?