Went to eviction court yesterday because my tenant on contract for deed has not paid her payments in 2 months. Pleaded my case to the Judge and he dismissed it completely. He told me I didn't give her 60 days notice to cure the default.
Under Texas Property Code it only requires 30 day notice which I had given her unless she had made 48 payments or had 40% interest in the property, in which case it would require a 60 day notice. She has only been there since St 06. He told me I could re file after the 60 days. Great another 65.00 file fee.
Beware of changing laws in your state and how they could effect your income. I will now be out at least 4 months holding costs and 2-3k in rehab.
Under Texas Property Code it only requires 30 day notice which I had given her unless she had made 48 payments or had 40% interest in the property, in which case it would require a 60 day notice. She has only been there since St 06. He told me I could re file after the 60 days. Great another 65.00 file fee.
Beware of changing laws in your state and how they could effect your income. I will now be out at least 4 months holding costs and 2-3k in rehab.
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