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Posted on 8/21/20 at 7:39 am to OldHickory
quote:
Also, should I contact independent counsel before talking to my agent?
No one should ever tell you not to speak with an attorney, but if it were me I would start with asking my agent
Considering all of the hurdles we are having to go through with the title, what are my options to walk away from this deal? And based on how the agent responds, I would consider if I need to get an attorney involved.
Posted on 8/21/20 at 9:42 am to OldHickory
It sounds like there is hesitancy with your Realtor.
Either it is a family friend, dual representation with the seller, or you dont trust the reactor's competency (referral from a family friend).
If the seller cant meet the time demands on the contract, you usually are in the clear to terminate the contract and get your escrow back. But again, all of that goes into the language of the contract itself.
Is the cost of independent council worth the amount of money that you have tied up as earnest money?
Either it is a family friend, dual representation with the seller, or you dont trust the reactor's competency (referral from a family friend).
If the seller cant meet the time demands on the contract, you usually are in the clear to terminate the contract and get your escrow back. But again, all of that goes into the language of the contract itself.
Is the cost of independent council worth the amount of money that you have tied up as earnest money?
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