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Related FL Real Estate Questions
1. One week before the closing of a townhouse purchase in
1. One week before the closing of a townhouse purchase in Florida from a builder, the appraisal came in $13K under the agreed upon purchase price of $328K. This is pushing me into PMI and Escrow which… read more
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For a cash transaction, buyer just received the Estoppel
Good afternoon. For a cash transaction, buyer just received the Estoppel today and it shows that there is a litigation. Does buyer has any right to cancel the contract? For financing, lender will not … read more
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Buying a home. Contract has appraisal contingency. Appraisal
Buying a home. Contract has appraisal contingency. Appraisal came back $13,000 low. Realtor advised seller would not lower price. Advised realtor to cancel contract. Realtor went to seller and advised… read more
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If buyer put his in As It FL contract at additional terms.
Hi, if buyer put his in As It FL contract at additional terms."Buyer will pay $20,000 above appraised value, not to exceed purchase price. "Is this mean still have appraisal contingency, but buyer wil… read more
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I am purchasing a property in NM. All went well with
Hi. I am purchasing a property in NM. All went well with inspections and appraisal. I had been working with AngelOak Mortgage company and secured a business bank statement loan. After satisfying all r… read more
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I received an AS-IS" Residential Contract for Sale offer on
Hello,I received an AS-IS" Residential Contract for Sale offer on my house. ( I didn't accept yet) I need help understanding a clause in the financing section: The deposit shall be paid to the seller … read more
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In your legal opinion, is it better for a buyer to obtain 1)
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I have submitted a request to the listing agent and seller.
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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