File a lawsuit against them in small claims court. An attorney would be expensive depending on if you put the standard 1k for escrow but small claims court would cost nothing but filing fees. I would also contact the listing agents broker and if you had an agent representing you as a buyer their broker as well. The agent should be trying to rectifying the situation rather than say she will not speak to them about it.... more
Good areas are all about personal preferences, budgets, wants, needs, lifestyle; therefore consider researching areas of interest on your own, and take the time to visit more than once, then determine where your comfort level can best be reached; don't simply just entertain what other people think or say, another's opinion may not be anywhere near the best thing for you. If you have crime/safety concerns contact the local authorities...... more
Did you put a deposit on the home is the first question I have for you. If so, there is a god possibility that you will not receive any refund of that deposit without a release form. If this is a SHORT SALE that you are attempting to purchase, the bank is not the one that has it on the market.... but the current owners have it up for sale. The bank is the one that has the FINAL SAY of the ultimate sale price - even after the seller signs your short sale offer. Your paperwork, if read carefully, give the bank all the rights to pull out from this sale. They have to clear up that 2nd mortgage or you would own a home with a lien on it which I do not think is what you wish to happen. You may see it go up for a higher dollar amount if that is an amount they need to clear both liens they are now looking at. Also, please check to see if the form you now have says that you are wanting to cancel the contract or if it states that lender is not accepting your offer? Alter the form before signing if it makes you happier, stating that you want the property but only IF the lender will close at the amount you are willing to pay as stated on your original purchase offer.
Either way, you need to consult with legal council in the area you are attempting to purchase and they will advise you what is in your best interest. The longer you wait, the higher not only this home will be but others in the area you are looking. Most of the country is now on a swing upwards... if only ever so slight. Good luck to you in finding a home that is fee of any liens. suitable to you and your family and at a price you can afford.... more
If you are looking at listings on a website other than MLS and realtor.com , please, understand that realtors DO NOT input their listings into all those various website, so the mislabeling can be the result of a faulty IDX mechanism. I am not saying realtors do not make mistakes like everybody else, but it does not happen that often. My guess is it is more of a computer programming issue.... more
yes, you can. Infact great agent suggest this. that way there are no open contingencies on the buyers side of transaction when Short Sale Approval comes from lender. Here are some good articles on short sales. http://blog.house-guy.com/category/everything-about-short-sales/... more