Asked by Amv8399, Chicago, IL • Fri Apr 26, 2013
I was under contract to sell my condo. Contract was signed April 12th and was an all cash offer, contingent on a April 29th closing so the woman could be in by May 1st. $1000 was rec'd April 12th and $6500 was due April 22nd. I was advised it would be mailed. Buyer's broker scheduled a time to bring a painter and had me reserve the condo's freight elevator for buyer's move on the 30th. I MOVED out of the condo yesterday (April 25th). Buyer and agent knew I was moving out this day, they were coming that evening after my move out with her painter. My attorney got an email from buyer's attorney late on the 25th to inform me the deal was off because the woman's boyfriend would no longer fund the purchase of the condo (I was never told the source of funds was some one other than the woman prior to this). What steps can I take against the broker for misrepresenting his client's ability to close all cash?
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