Recent content by Bigfoot

Did your offer state that it was contingent on a repair amount that you would be unwilling to exceed? Otherwise, all you indicated was that you had the right to have inspections.

There is no standard practice. And aren't you speaking of two different transactions? Otherwise your post sounds like the agent served as both your listing and buyer's agent on YOUR property!

Is anything causing you to put a stop payment on the final 6 checks?

Appraisals are not a hard science. The appraiser saying yours should have appraised for more last year is giving an opinion. The realtor's suggested price was also an opinion, usually based on other sales in the area. If the appraised value comes out higher than the sales price, then yes, it is...

The only part of the construction process that you see is the framing. There are other processes that must be obtained in advance such as contracts with subcontractors and ordering other materials. The builder can't necessarily cancel these orders without a penalty just because 'you changed your...

Even if you demand that it is sold, how would that happen? The two of you would have to agree on a sales price and on the next buyer.Why not offer the 'wife' a price much higher than the equity so that you can get your name off of the deed and mortgage and get yourself a new life of peace?

Your real estate agent's broker-in-charge should contact the principal broker or broker-in-charge of the listing agent. This protects your agent. There is no guarantee that your agent can contact the seller directly, especially if this person is in a 'remote' location as you say, whereas the...

I don't know what a TDS is. The question is, did the Buyer client sign a document indicating they knew about these problems, such as would be on a property disclosure form?

Does the apparent absence of a licensed real estate agent and/or attorney also mean that there is an absence of a written contract?

I have several concerns about issues you address, but you didn't ask for an answer on those, so I'll proceed to your major issue. Contact an attorney who specializes in Social Security Disability who can start the process for you to receive benefits. Your local state bar association may have a...

Although you may have lots of money, a smart lender may help you by not loaning you the money for the second dwelling. If you stop paying on the first, you'll likely ruin your credit by way of late charges, etc. And if a lender loans you the money for the second dwelling, you stand a good chance...

At some point a city worker may notice the 'upgrade' was performed without the necessary permits. Then, you will have the option of bringing the addition (upgrade) up to code, or you'll be required to demolish it. This could present quite a problem when you're ready to 'sell', or it any...

To Brownfieldman: The real estate agent or broker negotiates an Offer to Purchase. An attorney is brought into the process generally for closing purposes. The Offer states what can/can't be done and under what circumstances the Buyer's earnest money deposit can be returned.

You have two possible venues for action: your public health department, because their environmental division usually oversees the water supply, and small claims court to try to recover your monetary loss due to nondelivery of services.

It would have been to your benefit to have a re-inspection performed, because closing generally constitutes acceptance. The Seller can only disclose what they know of. So they would have been responsible for repairing what your inspector uncovered. Read the fine print in your contract with your...