How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Tina Your Own Question
Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
Type Your Real Estate Law Question Here...
Tina is online now
A new question is answered every 9 seconds

My daughter is buying a condominium. Two days before closing

Customer Question

My daughter is buying a condominium. Two days before closing the seller informed us that she has a bankruptcy against her. The bank is dragging its feet on the sellers settlement and it will be several more weeks before it can get done. Now my daughter cannot back out of the purchase and yet we can't proceed with the purchase. Do we have any recourse? What action can we take to get the bank to hurry up?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Alex Esquire replied 1 year ago.

Hello. My name is Alex.

Thank you for your question.

I will be happy to provide you with information you are seeking for educational purposes only.

Is the seller in bankruptcy proceedings and has to get approval from the bankruptcy court to allow the sale of the condo?

Please clarify. Thanks.