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Raynham : Real Estate Advice

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  • Home Buying2
  • Home Selling0
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Activity 10
Fri Mar 22, 2013
Simon Campbell answered:
If your purchase agreement was subject to a mortgage commitment, then you can be released right away. You will need to provide a written letter to the seller or the seller's agent stating that you are cancelling the contract and the reasons why (refusal to sign a driveway easement letter). You could give the seller 24 or 48 hours to resolve the issue if you really want the house. If not then have the date of the letter be the cancellation date. You have a very good case here to be able to get back your earnest money deposit. ... more
0 votes 6 answers Share Flag
Sat Oct 27, 2012
Scott A. Nelson answered:
You should consult with your attorney to make sure you proceed properly. There are certain specific and detailed ways you should proceed. An attorney can best advise you on how to proceed legally. They can review all the documentation, contract terms and correspondences. ... more
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Wed May 23, 2012
Michael Emery answered:
Your lender is the one that provides the HUD-1 to both you and your agent. Apparently there was some miscommunication or lapse of communication between your agent and your lender.

Be happy your HUD-1 is done and good luck on your closing. ... more
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Tue May 10, 2011
David North answered:
You should get advice from an attorney in this situation.
0 votes 5 answers Share Flag
Sun Mar 9, 2014
Tim Moore answered:
There is no need to stop a renewal, just don't renew it when it expires. All listings must have a start and stop date and they can't be made to automatically renew. Once expired just relist it with a new company. ... more
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Sat Mar 23, 2013
Marge Bennett answered:
Talk to the agent's broker and a good real estate attorney. There are ways of perfecting service even if the seller's won't sign for the mail. I am surprised the option money was given to the seller before the contract and addenda were properly executed.
Hope it works out for you.
... more
0 votes 3 answers Share Flag
Fri Mar 22, 2013
Anna M Brocco answered:
Without many details regarding your agreement, you really need to discuss all your concerns with your agent/landlord--you may also wish to discuss any issues with your agent's broker owner and or office manager... ... more
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Mon Sep 16, 2013
Kevin Olson, Jessica Laude answered:
Yes you can based on what is stated above. It sounds like what they have is a pre qualification letter and not a commitment letter. Generally in a contract the commitment date is set to be approved for the loan. Ideally by this date all conditions have been met in order to get the loan. It sounds like they are just starting the process over again.

Remember, it could have been the lender that was holding things up before, and the buyer is really doing their best to get things done. If they are going to pay for a 2nd appraisal I am assuming they are putting forth effort, so you should take that into consideration. I've come across lenders who just didn't have their act together and it was necessary for a buyer to go somewhere else. You don't want to throw out a good opportunity to move on with things. What is your agent suggesting?
... more
0 votes 15 answers Share Flag
Sat Nov 7, 2009
Keith Manson- Metro Milwaukee Wisconsin answered:
There are many steps and there are tied to FNMA ( Fannie Mae )and FHLMC (Freddie Mac). I just saw a website that helps you anaylze if you meet the requirements for a modification or the new refinance according to the plan. The web site is:
... more
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Thu Nov 20, 2008
Dallas Texas answered:
Contact a Trulia real estate agent for area you are requesting all DOM based on info. provide via stat's in MLS.
0 votes 3 answers Share Flag
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