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Related Real Estate Law Questions
I have a purchase agreement issue. I signed purchase
I signed purchase agreement but I didn't know it had a hoa … read more
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IWEsq
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I'm located in. I'm the purchaser in a purchase agreement as
I'm located in Virginia. I'm the purchaser in a purchase agreement as an investor. The lender was for a fix and flip loan. The closing was delayed on 3 different occasions and each time the terms where different from what we were told when we reviewed the settlement statement. The terms were not what we were told upfront so we did not close and have been told we are in breach of contract. … read more
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Lori
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Lori, The seller just requested my appraisal report to help
Hi Lori, The seller just requested my appraisal report to help him proceed his discharge. Is it OK that I send the report to him? Thanks!… read more
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Im in the process of purchasing a home and closing is set
im in the process of purchasing a home and closing is set for next week. However I recently found out my job will be doing cut backs and my income is going to be reduced drastically if I'm not layed off. I explained to to my broker and realtor who contacted the sellers agent. The sellers agent said that they would not sign a termination of contract and they would keep my earnest deposit of $5k as well as go after me to pay for the sellers earnest deposit if I don't close on the loan. Is this legal?.. I live in Florida and the home is in Palm beach county. … read more
DamienJD
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In March I consulted with a lawyer with this group on a real
In March I consulted with a lawyer with this group on a real estate contract. I need one last look as the sellers are refusing to return any of the money we gave them upfront. Here is a summary. My da… read more
Law Educator, Esq.
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I signed a purchase contract on a Fannie Mae foreclosure in
I signed a purchase contract on a Fannie Mae foreclosure in Florida. I am past the 10 day inspection window. if I cancel the contract now I know I will lose my earnest money deposit, but will I be lia… read more
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My son is a Real Estate Agent in Florida. He had a client (the
My son is a Real Estate Agent in Florida. He had a client (the Buyer) who backed out of a real estate deal (after many hours of work) at the closing table. His question is; is the buyer liable for the… read more
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I am purchasing a property under escrow and removed all the
I am purchasing a property under escrow and removed all the contingencies a week ago. On the same day, my lender told me that they found an issue with the appraisal value. They wanted to re-evaluate t… read more
Phillips Esq.
Phillips Esq.
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Signed agreement to sell a vacant land, as is, no contingency
Signed agreement to sell a vacant land, as is, no contingency specified. The Buyer had 30 days to complete all Investigations, and "Deliver to Seller either (i) a removal of the contingency, or (… read more
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In April, I entered into a purchase agreement for a condo.
In April, I entered into a purchase agreement for a condo. In a side deal (not in the purchase contract), I agreed to buy a portion of the furniture from the sellers. I submitted earnest money and pay… read more
Barrister
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What are the disadvantages of a short sale for a first time
What are the disadvantages of a short sale for a first time home buyer, and what is the problem with a seller that is related to the listing agent of the house? What should I be aware of?… read more
Irwin Law
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This question concerns Arkansas real estate law. I am a REaltor/broker
This question concerns Arkansas real estate law. I am a REaltor/broker in NC. My family owns raw land in Arkansas, currently listed for $395K. We have an offer of $150K which includes no deposit or ea… read more
Law Pro
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We agreed to purchase a home in MI and gave $1000.00 earnest
We agreed to purchase a home in MI and gave $1000.00 earnest money to our realtor who then put it in escrow. The sale was pending an inspection which returned heightened levels of radon within the hom… read more
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I signed a real estate contract for a property. However, only
I signed a real estate contract for a property. However, only one of the sellers signed the agreement to sell the property to me. The closing date has come and gone and it has been over a year and i n… read more
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Thank you for reviewing my question. Here are the circumstances o
Thank you for reviewing my question. Here are the circumstances: o Because of a job in a different city, I looked for a house in that city in September of 2010. I found one house that suited my needs,… read more
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My wife and I are under contract to buy a home and are having
My wife and I are under contract to buy a home and are having second thoughts on the home purchase. We just had the inspection done and we are still in the "due dilegence" period. This is what the con… read more
socrateaser
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What is the protocol when a contract is terminated, and the
What is the protocol when a contract is terminated, and the buyers have signed off but the sellers has not, but the seller has the house under contract with someone else. The realestate company the bu… read more
LawTalk
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I signed a purchase agreement to sell my home and I want to
I signed a purchase agreement to sell my home and I want to back out. I was under the overwhelming stress of my father's death, and I cannot go through with the sale. I am now not able to come up with… read more
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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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Meet the Experts:

Barrister

Barrister

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19 years real estate, Realtor. Landlord 27 years

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I have 30 years legal experience. Additionally, in CA I held a Real Estate Broker's license.

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P. Simmons

P. Simmons

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ScottyMacESQ

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2,578 satisfied customers

Licensed General Practice Attorney, Texas

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J. Warren

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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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