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Old 04-24-2024, 09:48 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Velvet View Post
I wouldn’t. An attorney can’t fix the leak or tell where it’s from, or what else might be wrong with the house, but they can sure charge!
I would normally avoid a lawyer like the plague, but not in this case. The broker is licensed by the state and must follow the state's laws of ethics. That means that they have a fiduciary duty to both the buyer and the seller, even if they don't legally represent them. This broker knows that the buyer doesn't want to buy the house, that there is good reason to be concerned about future mold or other consequences related to a water leak, and that the buyer's husband has a serious illness. Yet, the broker is misrepresenting the status of the earnest money that is in escrow so that they can unload an unwanted house to get a commission. The broker cannot legally take the earnest money, but they are telling the buyer that they can as a scare tactic. Outrageous. The OP needs an attorney.