Extend Closing All Locations : Nationwide Real Estate Advice

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Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
If a law firm handling a short sale never submitted the signed counter offer, can I sue the law firm, the seller or the bank for specific performance?
Look at your contract and hire your own attorney. Discussions about suing people are legal questions which agents cannot answer for you.

The situation certainly is awful although I ... more
0 votes Share Flag Mon Nov 18, 2013 Home Buying in Sanford
Bill, Other/Just Looking in Southampton, NY
Bill answered:
At what point do I need to get a real estate lawyer involved?
Your real estate broker can get you to offer and acceptance, after that you need an attorney to review the contract of sale and order title and facilitate the closing.
0 votes Share Flag Sun Nov 9, 2014 Home Buying in 07044
Peter Mohyls…, Real Estate Pro in Destin, FL
Peter Mohylsky answered:
Purchasing a Freddie Mac home involved with the Oakland County Lawsuit.
You should be able to get the questions answered by Freddie Mac. They have a toll free number. i would definately extend the closing untial all the questions have been answered, What ... more
0 votes Share Flag Tue Oct 16, 2012 Home Buying
Lester S.  , Real Estate Pro in
Lester S. answered:
I purchased a condo in '08 for $120k. I want to move. My property was priced at $70k...and I cant' afford to pay the difference in a sale.
I am a Certified Short Sale Expert, call me to discuss your options.
0 votes Share Flag Wed Oct 3, 2012 Home Selling in 60188
Keenan Drisc…, Real Estate Pro in Portland, OR
Keenan Driscoll answered:
Bank is changing terms of sale after closing date has come and gone
Do you have an agent representing you?
0 votes Share Flag Mon Feb 11, 2013 Home Buying in Portland
Jack Lewitz, Real Estate Pro in Lincolnwood, IL
Jack Lewitz answered:
First time buyer - do I use all my savings?
If you have a self directed IRA account that will allow you to buy real estate then I would do it. But think about how long you intend on living on a condo. If you plan to stay 5 years ... more
0 votes Share Flag Sat Oct 6, 2012 Home Buying in 60640
Sona Gallatin, Real Estate Pro in Santa Clarita, CA
Sona Gallatin answered:
Hello, Is the seller allowed to put the property back on the market on the same ... closing date? Even with the request of an extension? ...
Yes, if the extension wasn't accepted by seller, seller can choose to put the property back on the market. Sounds seller is canceling your escrow? Did you get a cancellation?
0 votes Share Flag Tue Oct 2, 2012 Home Buying in Los Angeles
Jill Miranda…, Real Estate Pro in San Diego, CA
Jill Miranda 619-248-1431 answered:
Can I force buyer to close escrow and keep the deposit? All contingencies were removed after 17 days.
Where is your agent and why isn't he/she advising you? Without seeing your contract I don't know all the details of your agreement. But in general terms your agent could've sent a Not ... more
0 votes Share Flag Mon Oct 8, 2012 Home Buying in San Diego
Ricky Beach, Real Estate Pro in Reno, NV
Ricky Beach answered:
Confused about a foreclosure home that is a pre foreclosure according to RealtyTrac?
Many times the bank will extend the trustee sale date but we've seen them let it go to foreclosure. Have your agent make sure the listing agent is getting the loss mitigation and asset ... more
0 votes Share Flag Tue Sep 25, 2012 Foreclosure in Reno
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
What happens after a deadline for a short sale?
1st Deadlines are WORTHLESS. They actually work against you. The bank will take as much time as they need to get the process complete, a deadline may force them to not even try as they ... more
0 votes Share Flag Tue Dec 3, 2013 Home Buying in 54901
Lila Lopez, Real Estate Pro in South Miami, FL
Lila Lopez answered:
Selling my home and I have a contract.
Good Morning,

As a Realtor I am not allowed to provide legal advise, so the strongest suggestion would be to consult an attorney to ensure that your rights under the contract are pro ... more
0 votes Share Flag Sun Sep 23, 2012 Home Selling in Florida
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
My lender might not be able to close my deal on time. If they cant close on time can i still get my down payment back? Seller wont approve extention
Hi Fnoclaf1,

If you mean your earnest money deposit (not your down payment), you should be able to get it back as long as your loan contingency has NOT been removed in writing.

Sh ... more
0 votes Share Flag Sun Oct 21, 2012 Home Buying in Indio
Allyson Haim, Real Estate Pro in North Hollywood, CA
Allyson Haim answered:
Buyer on my house was not able to get loan, she did not declare one of her asses ... 7th first closing date, then the 21st, the 19th I ga ...
Your broker should have provided you a Notice to Perform to sign and send to the buyer. This gives your buyer a specific deadline to perform or you have the legal right to cancel the co ... more
0 votes Share Flag Thu Mar 7, 2013 Home Buying in Sherman Oaks
Terri Vellios, Real Estate Pro in Campbell, CA
Terri Vellios answered:
Can anyone help me or tell me why it is taking so long to get a written approval from bank of america or if i can talk to someone?
What does your agent say? I don't believe your true question is the length of time for the approval but the short time to close.

The offer on a short sale is subject to the seller's ... more
0 votes Share Flag Fri Sep 28, 2012 Home Buying in Orlando
.......,  in Denver, CO
....... answered:
I am in the final processes of buying a home, the seller's agent has been very unpleasant, threatening not to close, what are my rights?
Your rights are spelled out in the contract that you signed. No less, no more.. There's not a thing you can do about your perception that the Seller's Agent is unpleasant.

Joe Stone ... more
0 votes Share Flag Tue Sep 16, 2014 Home Buying in 77845
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Seller wants to extend contract but I(as buyer) do not.
You didn't say that you no longer wanted the house; nor why.
Are you standing on Principles?
What's the Principle?
It sounds like a fairly honest goof; what's the problem?

You're ... more
0 votes Share Flag Thu Sep 13, 2012 Home Buying in Kentucky
Shannon Teke…, Real Estate Pro in Louisville, KY
Shannon Tekelenburg answered:
Does anyone do mortgage loan to 609 & 590 FICO scores.?
Only a hard money lender would extend a loan to someone with that credit score. This type of loan is usually for a short-term only and at rates that are 50% or more above the current m ... more
0 votes Share Flag Fri Nov 22, 2013 Home Buying in Riverview
Michael Hamm…, Real Estate Pro in Suwanee, GA
Michael Hammond answered:
What is recourse for buyer losing earnest money, or having to pay extra to extend contract, due to mortgage ...
What does your Agent say, Kcunn804? There are simply too many unknowns for any of us to interject here. Good Luck!

Michael Hammond

http ... more
0 votes Share Flag Mon Sep 10, 2012 Home Buying in Cobb County
Brian Butter…, Real Estate Pro in Royal Oak, MI
Brian Butterfield answered:
I am looking for a real estate agent in Royal Oak, who is knowledgeable about the area?
I work and sell and list all over Royal Oak. HomeValuesRoyalOak.com
0 votes Share Flag Tue Feb 17, 2015 Home Buying in Royal Oak
Sheri Knepel, Real Estate Pro in Oshkosh, WI
Sheri Knepel answered:
How long does a short sale really take?
The specific answers to your questions regarding your offer should come from your agent. In general, short sales take as long as the bank decides they need to make a decision and other ... more
0 votes Share Flag Sat Feb 16, 2013 Home Buying in 54901
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