My mom has been in the process of buying a Modular home since December. She decided to put a manufactured home on her land. She entered a legal contract with the dealers that had a closing date of June 2010. Her loan was approved, but the place continued to put off closing. SO, she called the loan officer. He said that the problem was that the dealer wasn't licensed thru the government to receive the government loan she was approved for. The odd thing is this is the loan they use to get people to buy homes from them. So we are starting to wonder how many other people went into contracts with them, and this dealership knew that they were not approved by the government to receive the funds from these rural development loans. Thus, making this place a scam! They have pocketed not only the $500 non refundable deposit, but also my mom's land!! Which they put into the contract that as soon as the modular home was on the land, the land and the home were both the property of this dealership until closing. Well, I really think that my mom should get a lawyer because this place is a scam! But my question is can she sue for the tax credit she is going to miss over this?
Additional Details
I think we were thinking along the lines of punitive damages, not actually sueing for the "tax credit". Sorry maybe I worded this question wrong. Anyway, thanks for the answers. She's going to talk to a lawyer~