 I have no lease and I get charge a late fee if I am one day late? |
| I am renting and I have not had a lease for 11 years, within the last year my landlord told me that he wants $50.00 if I am even a day late. Within the last year I have been late 3 times, 2 of the 3 ... |
|
 Im looking to purchase a home,and Im ready to make an offer? |
| Is 10% less than the asking price going too low or could I go lower and hope we can meet in the middle....thanks in advance...... |
|
 Where can I buy a house between 80k to 90K In US? |
Where can I buy a house between 80k to 90K In US?
Not a condo, I said house 3 bd room at least 2000S... |
|
 Rental deposit? |
| I recently moved out of my apartment and my ex kept it, he was never on the lease and now hes been asked to fill out a new lease am I entiltled to my deposit or can he apply it to his lease?... |
|
 Can u proofread this so i wont get EVICTED?? |
i can not afford to live here anymore so im moving out. do u think this letter is ok?? can someone edit it or read it for me. thank you.
Dear Oak Tree Court,
First of all, thank ... |
|
 I owe more than my house is worth? Felt like i was scammed? |
Hi,
we refinanced our home 3 years ago and took some cash out to pay some bills, now we have to move to another city and to find out that we owe 20k. I dont understand? I talked to an ... |
|
| Am I allowed to have two leases for apartments if my one lease is ending a month after I move to the new city? |
| Im currently living in a town and my lease is up June 1st. I want to move May 1st into a new apartment but my landlord is being picky about the lease. Am i able to pay for my last months rent and ... |
|
 How long do I need to be at my job before applying for a home loan? |
Hi,
I just moved to this area about 6 months ago and am thinking about buying a house. This would be my first home. Do home loans require a certain length of time on the job?
Thanks!... |
|
 Where can I find out if a house that I like to buy has a clear tittle? |
The house is listed in realtor.com it is sitting on a lot of 20 acres or more the price looks to sweet and my fear is to travel see it, buy it, and later found out it has a lean or worst...
Is ... |
|
 Builders are supposed to be concentrating on affordable housing, are they not? |
| Just down the roar from my house 45 new houses have just been 'slung' up, Prices range from £367,000. to £450,000, wages in our rural area £20,000 to £22,000. which means youngsters ... |
|
 Does my sister have a right to the home? |
| I have a house that my sister and I are on title. She has not made a mortgage or tax payment for the length of ownership. My name is on the loan alone. Now she is claiming that it is her house ... |
|
 Why are the interest rates on home mortgages higher for African Americans? |
| I am interested in refianancing my home and getting a new one in the near future but i dont want to be ripped off because of my skin color.... |
|
 Can a new home buyer put zero cash down for a home? |
| putting zero down on a house and paying back a ... |
|
 IF I PAY my RENT can i STAY ????????? PLEASE HELP? |
| im late on my rent it was due dec 15th and tomorrow it will be due again i will be able to pay both months the last day of jan even if the eviction process gets started between now and then what are ... |
|
|  |
dowjones | Can either party in a house sale/purchase pull out of the deal once contracts have been exchanged? |
|
 |
 
Destiny's Euphoria
|
If you can find a clause in your contract that allows you to, yes. I suggest hiring a real estate attorney, ASAP, if you plan to do this. Otherwise, you are taking a risk.
Unless the seller is a saint, you will lose your earnest money. Their is also "suit for specific performance" where the seller can sue you to continue with the sale or pay the sales price. |
|
Penfold
|
Yes but there will a penalty to paid to the other party. The penalty would usually be a percentage of agreed sale price and will be in the contract. |
|
ascoile
|
Depends which part of the UK you are in.
In Scotland an offer on it's own is legally binding
In England once a contract has been signed you are bound buy it's terms.
. |
|
Joe N
 |
Usually not. The only ways they can are (I think):
- Misrepresentation - If the buyer discover the seller made a misrepresentation about the propery, eg something important on the property information form, whether or not it comes with vacant possession etc, then if the buyer can show what the seller said was a factor in them buying the house they can walk away.
- Rescission following notice to complete - if the buyer can't comply with the completion date, then the seller can "rescind" the contract, cancel the sale, and keep the deposit. This isn't all that common as this sort of situation when it does arise tends to be resolved amicably.
But generally, the answer's no. If a party gets cold feet after exchange of contracts it's tough luck. As well as the action above, the buyer can can charge the seller interest, and even obtain an order from a court ordering the seller to sell. The reverse applies too, the seller can obtain a court order forcing the buyer to buy the property - if the buyer hasn't got the money however then the seller's more likely to just cancel the contract and keep the deposit. |
|
angiec1960
 |
You can in England but it will cost you in the pocket. Scotland is another ball game altogether |
|
purple angel
|
You can, there is always a way. Always put clauses in such as subject to finance, building and pest inspections. This will usually cover you |
|
David
|
Yes.
The buyer will lose the deposit (usually 10% of the purchase price) and possibly be sued for additional aborted fees by the vendor.
The vendor can be sued for inconvenience/aborted fees.
Once contracts are exchanged the buyer has more to lose. |
|
Oracle
|
Check with your solicitor as to the implications of pulling out after exchange of contracts. There are usually caveats to cover such circumstances and reference to these should be made for further clarification. |
|
nicemanvery
|
Yes but you can be sued for a percentage of the price !! |
|
x caroline x
 |
No i dont think so? u can pull out at anytime up to the contracts being signed, but once u put pen to paper, thats it.
Just read other replies.. maybe iv got it wrong sorry? i just hope my buyer doesnt pull out, (snif snif) |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 22 minutes(s) ago
| | | |
10 | 56 minutes(s) ago
| | | |
10 | 2 hour(s) ago
| | | |
10 | 7 hour(s) ago
| | | |
10 | 2 day(s) ago
| | | |
10 | 1 week(s) ago
| | | |
10 | 3 week(s) ago
| | | |
10 | 2 month(s) ago
| | | |
10 | 7 month(s) ago
| | | |
10 | 8 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
