How to get out of a buying a home.....?
Find answers to your legal question.
How to get out of a buying a home.....?
|
My husband and I signed a purchase and sale agreement with a realtor to buy a house....We were suppose to close 8/24/07 and there is a 7 day extension period, this was based on financing......our lender rarely talks to us and when she does she tells us we can't afford this home, or puts us down or gets just plain rude.....We have told the lender and real estate agent that we can not afford this home due to the amount of payments that has been quoted to us, but yet they are still trying to get us approved.......the agent tells us we have to wait until 8/31/07 before we can say okay we aren't getting it, but is there anyway to get out of this NOW as we know we CAN NOT afford this home?????
PLEASE WE NEED ANSWERS NOW.
|
 
|
utarch
|
If you know that you won't qualify for the financing, what's the rush to get out of the contract today? The 31st is only four days away, so just wait. If by some rare chance they find a legitimate lender willing to finance, all you have to do is directly contact the lender and inform them that you cannot afford the payments. I presume your concern is losing your earnest money deposit? More information would make it easier to address your concerns. |
|
Judy
|
8/31 is only a few days away. If that's the date that was in the contract you signed, then that's the date you'll have to wait for. The realtor would like to get you approved so they can get their commission on the sale.
Good luck. |
|
john c
|
You don't have to wait for anything. Getting into a loan is much easier than getting out of it. Go to the website for the Better Business Bureau to see if they already have complaints on any of these parties. If there aren't any, call the Bureau about your situation before you sign anything.
Your closing may be only an hour or two, but a bad mortgage will last for years. Please be careful. |
|
Princess Leia
|
Just wait it out a few more days. Lenders are getting tough on financing and if you haven't been approved yet, you probably won't get approved (if you aren't putting a large down payment down). |
|
|
|
|
|
 Paralegal/Legal Secretaries......? |
| Can either work part time or are these just 9-5 positions?... |
|
 What's the highest paying area in law straight out of law school? |
| I just wanted to know what area or specific job gets paid the most straight out of law school.... |
|
 What (specifically) can an former employer tell my potential employers? |
| Terminated 3/7/2007 and after several applications, I've only received a couple interviews which looked like they were going in a positive direction only to take a dive after calling my ... |
|
 Can my manager sack me for looking else where? |
| work for a small comapny 2 years. today recruitment agency put me forward to a company without mentioning who it was for as in a rush. Now found out its for my boss best friends company and he's ... |
|
 Paralegal as a career? |
| How long does it take to be one?.........In your opinion, is it a good career?......How is the salary?.....Any other advice or suggestions that i need to know?.....(Im interested in pursuing a career ... |
|
 Wrongfull dissmisal in a "right to work state"? |
| I was scheduled to work 40 hrs for the week, at the first of the week my employer asked if I would work an additional 11 hrs at a diffrent job site, I did this to help the company and myself. The ... |
|
 Anyone every fought and won a wrong termination law suit ? |
| Recently bitter about being fired for no (apparent) reson other than my age.... |
|
 Is it possible to get a law degree in America and move to Australia? |
| Is it possible for me to go through and get my undergrad in Political Science, then go and get my Law Degree, both in the U.S., then move to Australia, and practice there? Would I have to have a ... |
|
 I was terminated and after a week the sister of the boss was hired. There was no warning or anything. ? |
| I did my job well with no complaints and was terminated. I had proof that I had done everything asked of me and my supervisor said its just not working out. Could I sue for wrong termination since ... |
|
 Can you get sick pay backdated if you are on maternity leave (in uk)? |
| I am on additional maternity leave. I had an operation on May 8th. And only NOW has the doctor given me a sick note. I have the sick note up until 24 July (when I return back to work). But my ... |
|
 Direct deposit question. very important.? |
| My work put in my paycheck on saturday morning and I spent most of it and have a lot of auto payments coming out today and tomorrow. well my wonderful work reversed my paycheck and shorted it $550. ... |
|
 Work law, any good websites? |
does anyone know any good informational web sites (uk) about work law, including termination of contract etc? or any free online services?
any info would be great.
thanks in ... |
|
 Can a 13 year old in New Jersey get special working papers? |
| I am turning 15 years old in march and my cousin is turning 14 in Augest and we want to get working papers so we can get a summer job. Are we too young to get these papers? If not, where do we go ... |
|
 I feel I was unjustly terminated from my job? What do I do? |
| I was recently discharged from my previous employer due to a verbal altercation eith another associate, whom was totally in the wrong. While servicing customers from three different areas of my job, I... |
|
 How must my husband and I split FMLA for parental leave? |
| My husband and I both work for the same company. The company has 10000 employees and we do not work for the same division. We are both eligible for FMLA and I understand we can't both have 12 ... |
|
 Could I win this potential law suit.? |
I want to know if I have a case, I'll provide all the details that I can possibly think of.
I was seeing a chiropractor last year, He suggested some orthotics and said they would help my ... |
|
|
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
