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Results 1 to 5 of 5
  1. #1
    MastaCAK47 is offline Renter
    Join Date
    Jun 2010
    Posts
    2

    Unhappy I need some advice, please...

    Ok this is going to be somewhat of a long story. I started a job back in 2007, around that time my father had passed away and I had received life insurance money for a total of $50,000. My boss who I trusted from the get go mostly due to the fact we did business together came up with an agreement that if I established a CD with him that I could gain higher percentage, of course I agreed too it. After about a month the house my father owned was going into foreclosure and I was coming close to being homeless, at that time my boss offered me an opportunity at real estate. He wrote up a contract for me with the agreement I would have to put down $35,000 and would have only a year too establish credit. The funny part is, stupidity or desperation must have striked as I was 19 and didn't know anything about real estate or credit requirement. Three year have passed and the house that I had put money down went into foreclosure. Everyone is wondering, why the heck would you wait so long too take action now? I was working there for the three years and as of a month ago I was fired. I also stayed there and paid rent and of course I have thought about taking action before, but my boss said I wouldn't stand a chance in court. I really could use the money back even if it were just $3000 as I want to pursue college yet have not the finance too do so. Back too another problem... I have no finance to cover even a lawyer for this kind of case even if I were encouraged too pursue it.... What do I do?? I'm really confused on what steps I should be taking... someone please help..

  2. #2
    MaritesT is offline Fixer Upper
    Join Date
    Jul 2010
    Location
    Australia
    Posts
    26

    Default A Real Estate Attorney

    You can ask some assistance to someone who is capable it's an Attorney. Legal advice is all you need. In order to know what you will going to do.

  3. #3
    MastaCAK47 is offline Renter
    Join Date
    Jun 2010
    Posts
    2

    Default

    What type of Attorney is recommended with for this type of matter?

  4. #4
    florida real estate is offline Condominium
    Join Date
    Nov 2008
    Posts
    190

    Default

    You really are in a big problem. You should consult a legal adviser first of all. And do what he says. You might be getting some solution from it.

  5. #5
    Join Date
    Aug 2010
    Location
    australia
    Posts
    105
    Blog Entries
    3

    Default

    You should not agreed on the first place since you dont have any notion when it comes to real estate credits.You must seek legal advice as soon as possible.

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