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Tina
Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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I RECENTLY PUT A OFFER IN ON A HOUSE AND THEY ACCEPTED MY

Customer Question

I RECENTLY PUT A OFFER IN ON A HOUSE AND THEY ACCEPTED MY OFFER AND WHEN ME AND THE REAL ESTATE AGENT WERE SIGNING THE PAPERS FOR THAT THE CLOSING DATE WAS SET FOR 11-16-16 WHICH IS TODAY BUT THE BANK FINALLY GOT AHOLD OF MY REALTOR AND BASICALLY WONT BE SIGNING THE CLOSING PAPERS TODAY. IS THERE ANYTHING I CAN DO SEEING HOW THEY BASICALLY BREACHED A SIGNED CONTRACT?
JA: Because real estate law varies from place to place, can you tell me what state this is in?
Customer: OHIO
JA: Has any paperwork been filed?
Customer: YES THEY ACCEPTED MY OFFER AND WE SIGNED ALL THE PAPERS FOR THAT AND IN THOSE PAPERS THE MAXIMUM TIME THEY HAD FOR CLOSING TIME WAS TODAY ITS BEEN ALMOST 3 MONTHS SINCE MY OFFER WAS ACCEPTED.
JA: Anything else you want the lawyer to know before I connect you?
Customer: NO THATS IT ID SAY.
Submitted: 19 days ago.
Category: Real Estate Law
Expert:  Barrister replied 19 days ago.

Hello and welcome! My name is ***** ***** I am a licensed attorney who will try my very best to help with your situation or get you to someone who can. There may be a slight delay in my responses as I research statutes or ordinances and type out an answer or reply, but rest assured, I am working on your question.

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Are you asking if you can sue the bank for not making the loan?

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Are they saying "no" point blank, or they just saying that they need more time?

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Does the purchase contract say "Time Is Of The Essence" anywhere in it?

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thanks

Barrister

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