Backing Out Of A Real Estate Deal Before Closing All Locations : Advice

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Lorraine Ben…, Real Estate Pro in Saint Petersburg, FL
Lorraine Bennett asked:
In your experience, will a bank approve a 6% closing cost concession for a buyer on a short sale or do th ... I have a young couple trying to buy a home before the expiration of the First Time Home Buyer Credit. ...
0 votes Share Flag Sun Jan 30, 2011 Agent2Agent in Tampa
Thi, Home Buyer in San Jose, CA
Thi asked:
Ask bank to cover closing cost I'm in the process of buying a short sale house. Inspection was done and I'm just waiting for the l ...
0 votes Share Flag Sat Jan 29, 2011 Home Buying in 95132
Gbatjr, Home Buyer in Los Angeles, CA
Gbatjr asked:
Want to back out recently closed condo purchase - help I recently purchased a condo in Torrance (zip) and I have the followiong concerns:1. My realtor n ...
0 votes Share Flag Sun Jan 9, 2011 Home Selling in Los Angeles
Jay, Home Buyer in Abington, MA
Jay asked:
have signed offer to purchase. Two day before P&S sellers agent unreachable, ... backed out of sale, claim we are now off contract. ... Legal? BUyers agent tried repeatly to reach sellers agent and now suddenly sellers have changed their mind and not sell the house. Is this legal? Is this ethical behavior from sellers...
0 votes Share Flag Tue Dec 28, 2010 Home Buying in Abington
Nader, Home Buyer in Tucson, AZ
Nader asked:
Escrow hold back. underwriter wants me as buyer to pay for the repairs B4 closing.How can I pay for repairs.when it is not mine? Put an offer for a forclosed property. asking 125K.offered & accepted 125K.L ... ok . after all paper works...just find out B4 closing the under wruter wants repairs done before ...
0 votes Share Flag Wed Dec 22, 2010 Home Buying in Tucson
B_f, Home Buyer in North Fork, CA
B_f asked:
IF you close escrow with sellers still in the home, how do you get them out? This has not happened yet but just in case. IF you close escrow with sellers sti ... do you get them out? This is a short sale..... ...
0 votes Share Flag Mon Nov 1, 2010 Home Buying in North Fork
Sylena, Home Seller in 87120
Sylena asked:
What are the risk of a real estate contract.? Do many people back out and if they do are you looking a ... Real estate contracts seem to be the way to get out of your home in today's market but I'm worried ...
0 votes Share Flag Mon Nov 8, 2010 Home Selling in 87120
Buyer Pains, Home Buyer in Hot Spring County, AR
Buyer Pains asked:
what would you do? I lost interest in the property because seller did not disclose water intrusion ... compitance of his FHA Standards amd my contract was accepted in the beginning that the seller pay my closing ...
0 votes Share Flag Sun Oct 24, 2010 Home Buying in Hot Spring County
Blueknigh7, Home Buyer in San Francisco, CA
Blueknigh7 asked:
We have a loan contingency, but were not able to secure financing - low appraisal. Seller does not want to h ... Well, thought I was all set to purchase my first home, but the appraisal came in ... ....but I guess this is going to drag on now. My real estate agent says we need a lawyer to write a ...
0 votes Share Flag Thu Oct 21, 2010 Home Buying in San Francisco
Leslie, Home Buyer in 10475
Leslie asked:
Just had the home inspection and there are some concerns that adds to our budget. Can we back out of the co ... The house we're under contract has major electrical problems, a roof that w ... want to have to deal with this added expense. Is this a good enough reason to withdraw from the ...
0 votes Share Flag Fri Oct 15, 2010 Home Buying in 10475
Anthony De S…, Home Buyer in 10465
Anthony De Simone asked:
Ive been in contract for over 1 year at 15-17 Judge St; 956 sqft duplex w/ yard $410g. All along they say its almost ready. Should I give up? The address is 15-17 Judge St, Brooklyn, NY, 11211. Its a new construction. I wo ... sqft duplex condo, 1.5 bathrooms, and a yard for $410,000. The developer is covering closing costs and ...
0 votes Share Flag Wed Oct 13, 2010 Home Buying in 11211
Newcomer, Home Buyer in Fremont, CA
Newcomer asked:
How to contact bank negotiator in a short sale to get a deposit back? Was told I can do so as long as there ... 3 months ago, I submitted a deposit with my offer to purchase a short sale prope ... approvals yet. However, I had decided to back out of this transaction and have emailed both buying and ...
0 votes Share Flag Thu May 15, 2014 Home Buying in Fremont
Cory, Home Buyer in Reedsburg, WI
Cory asked:
Mold starting to grow, in shortsale Buying a Home it's a short sale and taking a few months to close. As of 3 months ago the power was shut ...
0 votes Share Flag Sun Aug 29, 2010 Home Buying in Milwaukee
Tim, Home Buyer in Huntington Beach, CA
Tim asked:
I want to back out My counter offer said " The property sold as is condition but will be conti ... inspection I got an estimate from a contractor. The estimate is $27,500.00. I asked my agent to back me out ...
0 votes Share Flag Fri Aug 6, 2010 Financing in Huntington Beach
Sportci, Home Seller in 80211
Sportci asked:
We have had 43 showings and no offers... We have lowered the price to 30K lower ... competitive house in our neighborhood (one of the best ... neighborhoods in Denver Metro). The feedback we get is that they dont want it because it backs to a road. How ...
0 votes Share Flag Sun Dec 12, 2010 Home Selling in 80219
Jodi, Home Seller in 79602
Jodi asked:
we have a cash offer on a house we inheratied and we have accepted the offer ..h ... ourselfs from them backing out on the deal? ... would they have to pay earnest money to us to hold the house for them and take it off the market?nothing is owed on the house and there are no liens .the deed is in our name.
0 votes Share Flag Sat Jun 26, 2010 Home Selling in 79602
Jeremysmom, Home Buyer in Denver, CO
Jeremysmom asked:
I was shocked to read some of the answers from the realtors on here about if it ... seller to back out of a contract, and some said yes ... they could, if that is correct, then why in the world is there a contract to begin with? Explain that one ...
0 votes Share Flag Sun Jun 27, 2010 Home Buying in Denver
Russ, Home Buyer in 60613
Russ asked:
Earnest Money Disposition upon buyer default Hi all and thanks for all the helpful information I've read on this site so far ... issues, but the topic of Earnest money came up if the buyer unexpectedly backs out. In this case, my RE ...
0 votes Share Flag Sat Jun 5, 2010 Home Selling in Chicago
Jen Le, Home Buyer in 76016
Jen Le asked:
Buyer's contract termination - what are the repercussions? Is it possible to terminate due to the reasons below:? Two Questions:(1). I am in the process of buying a home, however the closing date is a few days away ...
0 votes Share Flag Wed May 26, 2010 Home Buying in Fort Worth
Jenae, Home Buyer in Fuquay Varina, NC
Jenae asked:
When it says owner financing does that mean lease to own? and do you just finish out the current owners lo ... If you wanted to move do you get to sell then or are you out of a home and equity?--This question ...
0 votes Share Flag Tue Apr 27, 2010 Property Q&A in Fuquay Varina
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