Legal

Ask a Lawyer and Get Answers to Your Legal Questions

Ask a Lawyer,
Get an Answer ASAP!

Legal

I need help. I am emotional exhausted. I recently sold my

Customer Question
Hello I need help. I am...
Hello
I need help. I am emotional exhausted. I recently sold my home in Cape Coral Florida for $168,000. I am Canadian and the tanking dollar was too much of concern. I took out $100 US and it cost me $150 Canadian. So I freaked. I decided I had to sell my vacation home. It was sold in 1 day! That makes me think that the real estate agent knew it was worth more.
After a few days I had seller's remorse. I contacted the agent in tears and she assured me she would contact the buyer to see if they would back out if I paid their expenses that they had incurred...inspection of the house and termite inspection. The answer was no and they would sue if I tried to get out of the binding contract.
The buyers had put a $1,000 deposit on the house ( less than 1%) and were allowed 45 days to get a loan. In Canada one has 72 hours to get loan and so I was not aware that I would have to wait so long. As well, the offer was pending and so no others were permitted to view the house, in the event that the buyers were not able to get their loan. This is prime season and I find that this is too long a time, if we wanted to sell to someone else.
I realize US law is different from Canadian law and I respect the 45 day contract. Having said that, we signed when our dollar was 68 cents and it is now up to 73 cents so I have already lost a lot of money. Why such a long time to secure a loan?
The real estate agent did not explain the timeline to us and so I had no idea that we would have to wait until late March. ( The agent told us April 3rd but I argued with her and so she moved it to March 24th) The new owners take occupancy on April 15th and I found the time frame too short to make sure that the buyer had secured the loan, as we had to dispense of all our furniture.
So that is the background. My question is. If I back out of this "binding contract" what are my chances of keeping my home? What would the consequences of my "buyer remorse" be? I realize that I would have to refund them for their expenses but if they sued me, what are my chances of keeping my house and what is the maximum penalty I would have to pay? As well, would I have to pay their lawyer's fees? I must also mention that these people are renters so did not have to sell their house in order to buy ours.
When we came down to Florida in January I was not feeling well. I had a bladder infection and so went to Urgent Care. The doctor put me on an antibiotic but the result was not positive. He then suggested and wrote a referral to a hospital to have a scan and further investigation. That is also part of the reason that prompted me to want to sell as medical expenses ( despite insurance) could be costly.
Please let me know what my chances are in keeping my house. I am emotionally drained and do not want to proceed with any legal recourse if I am in the wrong and there is nothing that can be done.
Thank you for your prompt response.
******* *******
Submitted: 1 year ago.Category: Legal
Show More
Show Less
Ask Your Own Legal Question
Answered in 2 minutes by:
2/23/2016
Lawyer: Loren, Attorney replied 1 year ago
Loren
Loren, Attorney
Category: Legal
Satisfied Customers: 35,018
Experience: 30 years experience representing clients.
Verified

Good evening. I am Loren, a Florida licensed attorney, and I look forward to assisting you.

Ask Your Own Legal Question
Lawyer: Loren, Attorney replied 1 year ago

Are there any open contingencies, such as attorney approval or inspection?

Ask Your Own Legal Question
Customer reply replied 1 year ago
This is getting complicated. Please cancel my request.
Lawyer: Loren, Attorney replied 1 year ago

I will opt out. Please contact customer care. Do not reply to this message.

Ask Your Own Legal Question
Ask Tina Your Own Question
Tina
Tina
Tina, Lawyer
Category: Legal
Satisfied Customers: 8,775
8,775 Satisfied Customers
Experience: JD, BBA Over 25 years legal and business experience.

Tina is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Not only did he answer my Michigan divorce question but was also able to help me out with it, too. I have since won my legal case on this matter and thank you so much for it.

LeeMichigan

< Previous | Next >

Meet the Experts:

Tina

Tina

Lawyer

8,775 satisfied customers

JD, BBA Over 25 years legal and business experience.

Ely

Ely

Counselor at Law

24,218 satisfied customers

Private practice with focus on family, criminal, PI, consumer protection, and business consultation.

INFOLAWYER

INFOLAWYER

Attorney

20,218 satisfied customers

Licensed attorney helping individuals and businesses

JPEsq

JPEsq

Attorney

2,132 satisfied customers

Experience as general attorney, in house counsel, SSDI, Family Law attorney, and law professor

Law Educator, Esq.

Law Educator, Esq.

Attorney

41,455 satisfied customers

JA Mentor -Attorney Labor/employment, corporate, sports law, admiralty/maritime and civil rights law

Ellen

Ellen

Lawyer, Consultant

8,238 satisfied customers

25 years of experience helping people like you.

Guillermo J. Senmartin, Esq.

Guillermo J. Senmartin, Esq.

Attorney

287 satisfied customers

7+ years of experience handling various legal matters.

< Previous | Next >

Related Legal Questions
Need advise about a residential renter rights in california.
need advise about a residential renter rights in california … read more
Olivia Kent
Olivia Kent
Managing Partner
Doctoral Degree
1,467 satisfied customers
A renter filed a paupers appeal. Does Houston or the state
A renter filed a paupers appeal. Does Houston or the state of Texas provide a free attorney to represent the pauper during the appeal process? … read more
Expert James
Expert James
Doctoral Degree
11,542 satisfied customers
If I change my permanent life insurance contract with cash
If I change my permanent life insurance contract with cash value to either a paid up extended term contract or a reduced paid up contract using the cash value - would this contract be exempt from Medi… read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
Doctoral Degree
41,455 satisfied customers
Can a renter in Minnesota give access to his apartment to a
Can a renter in Minnesota give access to his apartment to a friend with written consent … read more
Loren
Loren
Attorney
35,018 satisfied customers
I'm from Guam, Insurance Underwriter of Century Insurance.
I'm from Guam, Insurance Underwriter of Century Insurance. Our Question is, Does Hawaii Insurance Statute mandates the carrier or the agent insuring the risk in Hawaii be licensed by the State of Hawa… read more
N Cal Atty
N Cal Atty
Doctoral Degree
59 satisfied customers
This is an Insurance law Question. An insurer appointed a
This is an Insurance law Question. An insurer appointed a law firm to represent the insured. The Attorney claims he is representing both the Insurer and the Insured. … read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
5,972 satisfied customers
I have booth renter and he left his tools in shop and had
I have booth renter and he left his tools in shop and had ckecked on them two months and somehow they wer solen and we dont know who did it. as owner im i responsable for pay for tools? … read more
INFOLAWYER
INFOLAWYER
Attorney
Doctoral Degree
20,218 satisfied customers
My brother has renters insurance but is not getting the
My brother has renters insurance but is not getting the results he should. … read more
Barrister
Barrister
Attorney/Landlord/Realtor
Doctoral Degree
34,668 satisfied customers
Does a landlord have the right to hold renters property for
does a landlord have the right to hold renters property for unpaid bills … read more
LegalGems
LegalGems
Juris Doctorate
10,224 satisfied customers
My wife ran off with my portion of our renters insurance
My wife ran off with my portion of our renters insurance check I lost alot of precious items in a recent break in she also maxed out my credit cards before leaving now I'm struggling to pay rent and b… read more
LegalGems
LegalGems
Juris Doctorate
10,224 satisfied customers
I filed a claim with my renters insurance company for a
I filed a claim with my renters insurance company for a small theft claim. My loss included several thumb drives, a sd card, and a laptop all with generations of my famiky ohotis, also a coioke of pic… read more
LegalPro54
LegalPro54
Doctoral Degree
1,258 satisfied customers
I entered a contract with a loan broker to assist me in
Hi, I entered a contract with a loan broker to assist me in getting an SBA loan for contruction/business start-up. We paid $1250 which was 50 percent of his due diligence fee. The other 50% was due up… read more
LegalGems
LegalGems
Juris Doctorate
10,224 satisfied customers
Can I cancel a contract for fueral insurance>, tennessee, i
i am not sure. i signed the contract on Aug ll of this year … read more
LegalKnowledge
LegalKnowledge
Juris Doctor
27,526 satisfied customers
I need help with contract dispute with an insurance company.
hello I need help with contract dispute with an insurance company. They also are not paying whats owed me from a claim filed in nov of 2016. they have not denied my claim but have not paid it either … read more
Dwayne B.
Dwayne B.
Juris Doctor
28,500 satisfied customers
An insurance agent is making personal loans to his customers
An insurance agent is making personal loans to his customers using a third party's money (a wealthy family member). This is being done with state or federal knowledge. Is this illegal. The state is In… read more
Ray
Ray
Lawyer
Doctoral Degree
30,268 satisfied customers
Although I don't have renter's insurance the air conditioner
Although I don't have renter's insurance the air conditioner has leaked for almost a year. But in May of this year the leak got worse and while we were out of town for Memorial Day the leak left stand… read more
LegalGems
LegalGems
Juris Doctorate
10,224 satisfied customers
In reguards to auto insurance and their breach of contract
In reguards to auto insurance and their breach of contract by not fulfilling their agreement with me … read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
5,972 satisfied customers
Renters contract and lease agreement. Arkansas. The property
Renters contract and lease agreement. JA: Because laws vary from place to place, can you tell me what state the property is in? Customer: Arkansas JA: Has anything been filed or reported? Customer: No… read more
LegalKnowledge
LegalKnowledge
Juris Doctor
27,526 satisfied customers

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).

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).

Show MoreShow Less

Ask Your Question

x