Florida real estate escrow deposit, our funding was denied can we get the deposit funds back? - florida small estate
We have a contract to buy the house, we had the conditional approval. We have tried to meet all conditions. We are all together and after a cyclone damaged the house and we had to postpone the hearing until after repairs are made. After four months, Repairs ... Then in the last minute of our business called us into the conditions are not met, and were rejected. This happened in 2004. We tried to get our money since then. Providers say they should have the means of payment. Of course, I think we get them back. We offer solutions for small and presented to go to mediation on Monday. They have engaged a lawyer, which I need not in small claims. What should we do? Who should the money go? Help, need an answer soon! Ask for more information. Thank you!
Friday, December 11, 2009
Florida Small Estate Florida Real Estate Escrow Deposit, Our Funding Was Denied Can We Get The Deposit Funds Back?
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5 comments:
I am not a lawyer, real estate. I am a real estate agent in Florida.
You're the buyer, is not it?
What can you say about your financing contract? Until now, or FAR / BAR contract was used? Or that his real estate agent in the offer that was accepted in connection with the financing?
If you have not already received a letter from the lender not the loan officer or mortgage broker, which clearly indicates that all conditions that are in a rejection of the loan.
Why has it taken so long to settle?
Do you have a realtor involved? Normally, custody disputes are fairly simple.
Title companies do not position. Just to the arbitration.
Many, many times I have customers who have represented suffered a similar experience, the vendors say, is refusing to release the mouse button.
A letter from a lawyer, the seller has weakened more than 100% of the time stubborn.
Of course, buyers, which is located on the right side.
I do not know all the details of your situation,Contract is used, and 4 months late.
Disclaimer: I am not a Council estate.
I am not a lawyer, real estate. I am a real estate agent in Florida.
You're the buyer, is not it?
What can you say about your financing contract? Until now, or FAR / BAR contract was used? Or that his real estate agent in the offer that was accepted in connection with the financing?
If you have not already received a letter from the lender not the loan officer or mortgage broker, which clearly indicates that all conditions that are in a rejection of the loan.
Why has it taken so long to settle?
Do you have a realtor involved? Normally, custody disputes are fairly simple.
Title companies do not position. Just to the arbitration.
Many, many times I have customers who have represented suffered a similar experience, the vendors say, is refusing to release the mouse button.
A letter from a lawyer, the seller has weakened more than 100% of the time stubborn.
Of course, buyers, which is located on the right side.
I do not know all the details of your situation,Contract is used, and 4 months late.
Disclaimer: I am not a Council estate.
If you are a good faith effort to be justified with the terms, I think you should get the deposit. The deposit is usually hold to the protection buyer for any reason.
Small Claims Court in California, and thought it was the same throughout the country, does not allow you to hire a lawyer to court with you. There is nothing to prevent a visit, but can not be with you in court.
Most sale contracts are "dependent on receiving funding." When you sign a contract without the clause, then you may be lucky.
If the agreement had this clause, then the money is yours to Re: Keep the good fight
This information should provide in the contract to be hand written. His agent was protected by the host, is virtually non-obvious in a real estate contract.
If you lose, you can turn around and made a complaint against the broker. If you use the seller's listing agent working for you, too, why he did not in the contract. LIST OF REPRESENTATIVES OF WORK for the seller to the buyer does not. If you are not on their own agents Butts, may happiness. Consider that a lesson learned, and always have your own agent who works for you in the transaction. The buyer pays no fees for agents, so that the seller revenue than it costs you nothing.
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