Asked in Real Estate Law and Foreclosure for Alabama

Q: What are my foreclosure rights re: owner financed home as owner. Can I reclaim and evict in Alabama

Selling home which I own outright. Need to know in event of default if I have a right to reclaim and evict in Alabama. Selling it at auction would not be an option. Can I hold the title until it's paid off? Doing my homework in advance. Thank you.

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1 Lawyer Answer
Kevin M Ryan
Kevin M Ryan
  • Foreclosure Defense Lawyer
  • Loxley, AL
  • Licensed in Alabama

A: To answer the question you would need to disclose if this is an Alabama Contract for Deed or a Vendor Lien Deed, both of which would ( if drafted properly) set out your legal remedies in the event of “default,” which should also be defined in the document.

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