Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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In my opinion, you should in writing notify the broker holding your deposit in their escrow account along with a copy of the inspection report, that you are NOT proceeding with the sale, and you want your good faith deposit returned with x number if days. When that time frame expires, if you have not received your funds back, seek out and consult with an independent attorney specializing in real estate law. This should be a cut and dried situation detailed in your purchase agreement. IMO, the broker and agent(s) know this. Good luck to you and husband, and keep in mind there will be other properties for sale in the future. |
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#17
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Perhaps not, but wouldn't the current owner have noticed a wet closet floor? Why buy a home with unresolved issues when the purchaser has so much on her plate now and a short time until closing? It doesn't make sense to me to risk that much when it's not necessary. |
#18
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My agent recommended the home inspector who I found out later, even though I would have paid, was working for her, not me. I used D’Angelo who worked for me. I knew I was working with someone unethical (agent), but I used to be in real estate myself for a short while. |
#19
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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.
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#20
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#21
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#22
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#23
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To me it sounds like you just have never dealt with an attorney and know nothing about the pricing of an attorney's services! |
#24
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#25
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Hook Set
The hook is set, the real estate agent and the seller who hired him in no way wants you to get off the line. This sounds like a very dangerous situation financially.
__________________
Everywhere “Everyone may not be good, but there's always something good in everyone. Never judge anyone shortly because every saint has a past and every sinner has a future.” - Oscar Wilde |
#26
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I’m sorry but people need to understand their contract and follow them. There are 2 sides to every story. In this case the buyer should be provided proof of repair and the. They should buy the house as agreed. Of course if the seller won’t supply documentation of repair then I’m on the buyer’s side. |
#27
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I seem to have missed that part. But the seller does have to show that it was repaired properly. I’m sure the neighbor would provide that info.
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#28
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By hook is set you mean the purchase and sale agreement is signed. By not wanting to let them off the line you mean not want the buyer to break a contract they signed. By the way the seller could be on the hook for their deposit on another purchase if their buyer backs out.
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#29
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#30
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