Land Contract

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tweechszone

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My husband and I purchased a house on a land contract back in June 2003. She was asking 87,500 and we put 6,500 down with a remainder of 81,000. Over the weekend we asked her what the balance remaining was and she quoted us that we still owe 79,000! We have been making monthly payments of 775 since June 2003, how is that possible? She claims that all we have paid is intrest????
 
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