Chicago, IL asked in Real Estate Law for Indiana

Q: Can we recupe money from a lay-a-way on a log home if the company has changed hands 3 times?

My husband and I have been paying on a log home lay-a-way for 15 years with the intention of retiring. Now due to health & monetary issues we cannot build the home. The representative has told us that we can only get a small portion of our money back. Is there anything we can do?

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1 Lawyer Answer
Alexander Florian Steciuch
Alexander Florian Steciuch
Answered
  • Valparaiso, IN
  • Licensed in Indiana

A: Without a review of the agreement you have in writing with the company and a general lack of specific information on this problem, there's not much information that can be provided here. You should consult with a real estate attorney or an attorney familiar with land contracts to review your agreement and advise you on your rights. There may be additional solutions available to you.

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