Posted by Jim FL on April 21, 2002 at 20:09:11:
What did the agreement say?
Were you to be the one to make that payment, and who was to notify the bank to stop the electronic withdrawl from his account?
Frankly, as long as you can afford the cash to pay him, I’d do it.
Better to keep the seller happy than to have him get squirly and contact the lender for some reason.
Before giving him the full amount, I’d talk to him though and see if he’ll take less.
You never know til ya ask.