Owner-financed contract signed January 21 has a balloon payment of $126,450; home is worth only $113,000 per Zillow.com. Mortgage Company iMortgage (713) 395-6920 states additional $13,450 needed from buyer to close loan. Buyer does not have funds.
I am a Disabled American-Vietnam Veteran living on benefits from U.S. Dept. Of Veterans Affairs.
Seller Westwick Builders aka Westwick Construction acted in "bad faith" - would not make repairs to home, broken windows, add screens to windows (verbal) after buyer paid $14,500 down payment (10%) on home purportedly worth $145,000.
Note will become due October 1
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