Saturday, November 17, 2018

Can a seller increase the balance due during foreclosure?

Balloon payment was due on my home 9/14/2017. Sellers continued to accept monthly mortgage payments through escrow company up until 10/14/2018. Received notice of intent to forfeit on 11/15/2018 with amount due $72,949.19. In process of obtaining mortgage. Sellers now want to add $10k to purchase price plus $2k in fees; otherwise they say they will reclaim the property. Is this legal?

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