I agree with all the posts, in addition... Please do your due diligence of checking records with the clerk of county courts as to mechanics leans and water past dues, these go with the house and you may have to carry them, unlike past taxes or second mortgages, etc.
Also, you are not allowed in the property until you have a deed in hand, not just confirmation, the actual transferred deed in your name recorded by the county. This means the bank will not be able to send an appraiser inside either, so, do discuss it with the loan company or bank in detail before you dive into a sherriff's auction.
Please feel free to reach out to me at 330-285-4134 or firstname.lastname@example.org
Ajay Mehta. Russell Real Estate Services... more
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Well, bottom line is that an attorney will tell you your next move. If no mutual release is signed,the earnest money should still be in the trust account. It will sit there. Where is your realtor? And your realtor's manager? And, I repeat, you may lose the money to an attorney,but you stand to lose that without one,too. Pls understand that,as Realtors, we CANNOT give legal advice. Every Realtor who has responded has,essentially, told you this. I, for one, am sorry this has happened to you. But, now you need legal advice. Also, i donâ€™t know how this escaped your Realtor/Broker. If your Realtor was also the seller's realtor, you DO need your own attorney, because possibility is that this realtor was representing seller, not you.... more