Real Estate Law
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I would like clarification on your response, "But I will say that ownership of property is generally a mear a technicality". Then you say, "It is usually the most basic requirement in land deals". The to sentices seem to contradict each other. Am I reading them correctally? In a court of law, which is correct to win in my situation?
I have tried to attach the FROR letter from HUD's agent. Would you like to review the Contract?
What kind of total legal effort ($$$) is involved insubmitting a lawsuit throught the court system to get a Judge to rule on our claim that the intent was always to resolve the title issue and return the property to the market so we could complete the sale?
Hi again.All I can do is give you a ball park guess based on my litigation experience. Your particular case may cost more or less depending on the amount of work that will be involved in the lawsuit. With that in mind, I would expect to spend at least $20,000 in attorney's fees to take the case through trial. That assumes that you must pay an attorney hourly (which is most likely, since few would probably take the case for a flat fee). Hourly fees can range anywhere from $200-$400 per hour depending on the attorney that you hire (obviously, it's possible that it could be more or less than that range, but that's about average).On the other hand, if you were to sue (or even threaten to sue), then it's possible that HUD would just give in and honor the contract, thereby costing you little in attorney's fees.
What kind of Attorney would be required. Real Estate of Personal Injury?
No I do not.