 What is escrow? |
| We are 1st time homebuyers or fixing to be. I have been researching all these terms, but i dont understand escrow...there's escrow account, escrow on the house. What is this..and i even heard ... |
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 I'm selling my house and only getting about $1400 out of the sale...? |
| In 2004, I purchased my first home. I was recently divorced, and took a loan that didn't include taxes and insurance. In 2005, I refinanced to include taxes and insurance, and also paid off my ... |
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 Mortgage help please, how much per month? |
can someone please tell me know much this will be per month
our home will sell for £180,000
we have £61,000 mortgage left
house we want to buy is £229,000
over 19... |
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 My landlord is demanding I mail my payment. Can she do that? |
| My landlord, who lives a few miles from me, is now demanding I mail my rent payment to her. I did have a returned check last month, so now she will only accept certified funds. In that instance, I ... |
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 I'm moving to Fl for school, me & my bf want to buy a house together? |
| Only myself will move to Fl and live in the house. But my bf wants his name to be in the tittle too. We will split in half to put down payment, monthly payment, bills, etc... Of course we will have ... |
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 Can a family with small Children be evicted in Winter months in Vermont? |
| A friend of mine has fallen behind on his rent,due to unexpected unemployment. He has started working again but is being threatened with Eviction. They have a 2 1/2 year old and a 11 month old living ... |
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 If you are an apartment tenant on a month to month tenancy, how much notice is required if they raise rent? |
| I moved into an apartment Aug 2005 and signed a one year lease. In Aug 2006 my lease was up and I was never asked to sign another one. I guess that means I've been a month to month tenant ... |
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 How do I get rid of my flatmate? |
| My boyfriend and I share a place with our flatmate. He's disgusting. He has his own bathroom and I am pretty sure it's been cleaned once since we moved in [we've been here 6 months], ... |
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 My landlord took my bed and gave me a single matteress? |
| He sold the flat and I have to find a place by April but the thing is, he took the furniture out yesterday including my double bed and gave me a single matteress to sleep on, not even a single bed, ... |
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 Letter from Landlord? |
| I Just received a letter from my landlord saying that after 35 years that he will be selling the building that I am living in. The lady on the 1st floor from me told me that they may be tearing down ... |
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 My rent checked bounced and I am now being held responsible for the landlords fee's from his bank? $470 WORTH |
-THIS IS NOT IN MY LEASE
-I DIDNT SIGN ANYTHING STATING I WOULD PAY THOSE CHARGES
- I ALREADY PAYED THE FEE'S FOR MY CHECK BOUNCING AND OVERDRAFTING HIS ACCOUNT.
-I STAY IN A CONDO... |
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 Low income apartments and housing? |
| My fiance and i want to move in yogether but he makes 7.00 an hour and i make 7.75 an hour and were both in school is there any way we could get a place?... |
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 Noisy Neighbours,what would you do? |
| Hi everyone,i live on my own with my 8 month old baby in a house,ive just had new neighbours move in,they have been there about a month,they can be so noisy,they come in at 3 am banging around,... |
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 Does real estate agencies have services to help me rent my property? |
| I am in the military service, bought a new home and I have to move to another base. I dont want to sell my house and I would like to rent it. But I need more info on real estate agencies if they ... |
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SuperbookWyrm | Can Bank Change Mind after verbal agreement? |
Last Thursday my real estate agent called and told me that the offer I put on a house was accepted. The bank told my agent that they accepted our terms and will get back to us with a contract but just this morning I receive a phone call from my agent telling me that the bank decided to accept another offer even though they have given us a verbal agreement. My question is that can the bank do that when they have given us an agreement verbally on the phone |
 |
 
Gary D
 |
A verbal agreement isn't worth the paper it's written on.
Yes, they can do it and that happens alot. Until you get it in writing, it's not signed, sealed and delivered in the Real Estate industry. It's not "morally fair", but they can do it.
Verbal agreements can be binding under certain circumstances, but you really need alot of proof that real, tangible, or monetary damages were done, and evidence that there really was a verbal agreement. |
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amazingamanda
 |
yes you better get a lawyer |
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bigfoot
|
i don't thinks so |
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Kris
|
yes
it has to be in writing |
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acermill
|
Yes, they can do that, as long as they have not provided an acceptance in writing to you. In fact, ANY seller can do that. You have no accepted offer in real estate until you have the signed acceptance of your offer. |
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cmickeygirl
|
That is no such thing as a verbal contact in the real estate market. |
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golferwhoworks
 |
yes they can as it was not in writing |
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estielmo
|
Bring the verbal agreement to court and put on the table next to their written contract and see which one the judge awards. |
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angel_baby
|
You should call a lawyer and ask. I thought verbal agreements were a contract too. Since you were told they would draw up a contract they shouldnt be able to just accept someone elses offer. But since you were told over the phone they may be able to just say they dont know who you talked to. Then again you can prove you called with your phone bill if you know who you talked to...did you try talking to the bank manager? I know I'd be ticked if I was in your situation. |
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reenzz
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In the US, verbal agreements are not legal with regards to a real estate transaction....thus the purpose of a contract. |
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