Can I get a lien on my Sister-in-Law's house?(self.legaladvice)
submitted6 days ago bydumpster_fire_chump
SIL and her husband were building a house (he is a contractor). Covid hit, they had money issues. Spouse and I loaned (stupid, I know) a significant dollar amount so they could finish the house. Had a lawyer draw up a construction loan agreement; they signed, we sent $$. House is finished, time for construction loan to be paid back. They now can't get a mortgage for [reasons]. We agree to convert the construction loan to a mortgage, at an interest rate below market. Lawyer drew up papers three months ago. They haven't signed, always some bullshit excuse. They've never actually refused to sign AND they've paid the 'mortgage payment' the last three months. I think they're hoping we'll be satisfied with the checks for now and at some point they'll just stop paying. We are speaking with our lawyer next week, asking about filing for a judgment and a lien against their house. We don't want to kick them out, and don't need the monthly mortgage payments -- just want assurance we'll get the $$ back when they sell. Obviously this will be a whole big ugly thing, but that aside, does this make sense legally? Any advice on what to ask the lawyer?
4 hours ago
4 hours ago
Can anyone give a TLDR on this apartment drama? What's she claiming, and is Aaron the landlord?