Do you think realtors are paid too much? |
I dont because;
1. We dont receive regular paychecks
2. We spend lots of time and money without making money to make money.
3. We help greddy owners avoid getting their butts ... |
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How much do I need to buy a house? |
This is just a very general question... I'll be doing more research but wanted to get a an idea first.
If I want to buy a £200,000 house, how much money will I need up front?
<... |
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Ans- YES or NO. My Spouse and I are an Interracial couple...? |
... We're also A Real Estate team. Should we put our PIC on our website? This will inable all our prospecting clients to see who we are before they meet us. Should we do a pic or no pic? A... |
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Can my landlord enter my property anytime he wants? |
| I live in a 2 bedroom house and the landlord comes over whenever he wants and goes in our backyard and picks the fruit fruit. He looks through my trash and my neighbors said tries to see in the ... |
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What is the differance between a studio apartment and a 1 bedroom apartment? |
| what is the differance between a studio/efficiency apartment and a 1 bedroom apartment? like what is the average sizes? what is the floor plan like for both of them? is a studio/efficiency meant for ... |
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Who is in the right? |
| If i put a deposit down on an apartment, but then back out of moving into it, is it refundable. all i have is a receipt of the original amount deposited, but nothing was discussed as far as it being ... |
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Can my landlord raise my rent once my fiancee' moves in? |
| I am getting married, March 30. After a long distance relationship / engagement, I am ready for him to move in. It was hard only having him with me 2 -3 days out of the week. Once I legally add my ... |
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The owner would not let anyone to see inside of the property unless they make an offer on it. Is this right? |
There's an apartment with 6 units that's for sale.
It is for sale by owner, there's no listing/selling agent.
The owner stated that she would not let anyone who's ... |
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Average Home Price? |
| What is the average home price in your area?... |
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Roommate bounced rent check twice,now. what do i do? |
| Ok, Me, my boyfriend and a friend got together last year, and decided to rent an apartment together....so we did. everythings been ok (rent/bills wise) until about august, when my roommates check ... |
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Landlord asking for 6 months rent in advance, is this legal? |
| I am looking for places to rent in the uk after having lived in another eu country for a few months. I have been told by the agent that the landlord may ask for 6 months rent to be paid in advance. ... |
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Can my landlord do this? |
| I live in a basement suite. I went away for 3 weeks and asked my landlord (who lives upstairs) if she wouldn't mind watering my plants while i was gone. When i moved in (my place was fully ... |
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Buying first home, lease to own is it a good idea? |
| my husband and I want to buy our first home, we have been living abroad and will be returning to the US... we have no rental history, and my husbands credit rating is poor. Would lease to own be our ... |
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boopertwo | I have a contract ot sell my home the buyer backed out on closing day can i sue? |
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Hoopfan
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Absolutely yes, you can sue the buyer for breach of contract.
If you used a real estate company, they probably have something in the contract stipulating this.
If you didn't, you'll probably have to hire an attorney to represent you. Good Luck. |
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Diane D
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Yes you can but the contract probably allows you to keep the earnest money without having to file suit.
Most of the time a deal falls throughh because a contingency was not satisfied or financing was not available. Everything should have been spelled out in the contract. Ask your real estate agent. |
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Sunshine
 |
WOW, the SAME thing happened to me about a month ago. I am so sorry, it sucks. Basically what I was told is that I COULD sue and I might win, but it could take years and cost money and I would not be able to sell my house in the meantime. It sucks SO bad. I am sorry it happened to you. It makes you so angry.. You should get some really good answers here, but call a good attorney, your real estate agent should be able to recommend one in your community that deals with this. Depending on the specifics of your contract you may or may not want to move forward with a law suit. Good luck...My heart goes out to you. |
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cuteredhead
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Probably not. Although you can keep the deposit they used. |
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BoomChikkaBoom
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Ir really depends why they backed out.
Did the lender pull the loan for some reason?
Was there a title issue that could not be resolved?
Was there a condition in the contract that was not met?
Last week I finished a mortgage closing and started the closing of title when the client happend to make an offhand mention of the "tenants" and their security deposits. Since the contract stated that the building was to "be delivered vacant", this was an issue. We refused to close. The seller can't do a thing because they were the ones who breached the contract. |
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jeffrey k
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Yes ,and you will win. |
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Karen R
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Depends on how your contract reads.
Where there contingencies that the buyer could use to back out? |
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♥Spiky Sandy♥
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Yes, you can file a small claims suit against them. You should work with a real estate lawyer to find out what you can do for repayment. You can keep the earnest money too. |
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Willnotlietoyou
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If the contract says that they have to buy and not back out,Yes. |
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sexytrojan
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No! And you don't get to keep the earnest money, either!
Your house was off the market all that time and you were paying the mortgage for nothing. |
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karen wonderful
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No but you can keep the earnest money. |
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theslayor
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Depends on why they backed out. In either event, keep the earnest money. |
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xknyghtmayre
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i hope so. |
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Sam B
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These are your options. If any money was put up as "earnest" money, then you can not sue for specific performance of the contract but you can keep the deposit. If the deposit was a simple money deposit and not classified as "earnest money" then you can withhold the deposit and sue for performance of the contract. I am assuming the money is in escrow either by the escrow company or the real estate brokerage. They will have to make a determination as to how the deposit is dispersed. If they can't reasonable decide then the real estate broker can seek a determination from the Real estate commission or deposit the money into the registry of the local court and file a concursus proceeding where by the judge dictates who gets the money.
If you sue for specific performance, then the property will have to be tied up since the buyer would have a right to the property. You have to decide if that is worth the effort, time and expense. Your contract may also allow for liquidated damages and either the deposit was classified as such or you can sue for additional damages. |
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donise225
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i don't think so, they would just lose their deposit |
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