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Balloon payment issues

I seller financed a carry back loan in 2021 for a business building with a balloon payment in dec of last year of 500k. They are asking for an extension of 2 years blaming the market, I was really counting on that money and learned the hard way of seller financing. I told them no and not accepting any payments. I did try to negotiate penalties with a higher monthly payment that wouldn't go towards principle.

What are my options? I feel taken advantage as I suggested they price the building to sell like what I did and are holding out for a higher sell.

submitted by /u/Ok_Zookeepergame8553
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source https://www.reddit.com/r/RealEstate/comments/1c5xp58/balloon_payment_issues/
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