Mandeville, LA asked in Contracts for Louisiana

Q: hi, Can the buyer under a bond for deed contract request an extension to refinance?

the buyers will miss the deadline to refinance by the end of the contract.

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1 Lawyer Answer
Randy Bryan Ligh
Randy Bryan Ligh
Answered
  • Baton Rouge, LA
  • Licensed in Louisiana

A: One can always request, but whether or not the request is granted and/or modifies (extends) the bond for deed contract depends on the what was agreed upon ----take a look at the bond for deed contract and see what it says---if it's confusing or not clear, then have an attorney review. That said, the buyer want to negotiate with the seller to allow an extension of it regardless of the wording.

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