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re: Purchase Agreement /legal questions

Posted on 11/9/15 at 10:46 pm to
Posted by dragginass
Member since Jan 2013
2809 posts
Posted on 11/9/15 at 10:46 pm to
I just finished saying I wasn't going to pursue it. I'm taking stout's advice. ....

It wasn't just a deal that fell through, and it was not "a few hundred bucks". There were multiple extensions involved which were granted under false pretenses. The time wasted was my biggest problem. Yes, I'm pissed and I have every right to be. Again though, I'll sign his cancellation request and move on.
Posted by stout
Porte du Lafitte
Member since Sep 2006
170364 posts
Posted on 11/9/15 at 10:53 pm to
quote:

There were multiple extensions involved which were granted under false pretenses.


This happens, but you would also have to possibly prove it in court and the bad thing is that you signed extensions where you basically said you believed he was acting in good faith to obtain the mortgage. I am not a lawyer so this isn't legal advice and I might be wrong, but I have closed several deals.

I have been in your shoes FWIW and it is frustrating. I would just walk away from this one and cut your losses while they are at a minimum.

Posted by ItzMe1972
Member since Dec 2013
10473 posts
Posted on 11/10/15 at 9:50 am to
Not sure why some on here are busting your chops.

"It wasn't just a deal that fell through, and it was not "a few hundred bucks". There were multiple extensions involved which were granted under false pretenses. The time wasted was my biggest problem. Yes, I'm pissed and I have every right to be. Again though, I'll sign his cancellation request and move on."

I totally understand your frustration. Good advice to move on.
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