I am in a contract to purchase a house. I have a question for real estate guys.

[Bypass]

I guess I'll see what happens tomorrow. With this.........

 

[Spas-12 Owner]

I guess I'll see what happens tomorrow. With this.........

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Then you should be released from the purchase of property and your ernest money returned.

You SHOULD only be out the inspection cost, the appraisal cost if any was done and time.

The sales person/broker you choose to work with needs to know your experience and expectations in real estate.

Your current one might not know this is your first home.

 

[Bypass]

Nope. Some can, but not all.

A offer, acceptance of that offer and a consideration.

So, a legally binding contract would be as simple as:

I offer you $350 for your house at 123 Main St.

Signed buyer and seller.

That simple of a contract is enforceable.

To the OP:

It's Dot loop. Buttons are on the right to download. Dot loop also emailed you a PDF copy of what you signed.

If Alabama is anything like GA and South Carolina ( states I'm licensed) it's on the first page.

It will have the property address, sell price, earnest money and most key dates including your due diligence ends date.

However, your realtor should have already told you those days, the day you signed the contract or went binding.

Dot loop wont let me share/forward And it tells me I must create an account but when I try it won't give me the option to create an account.

 

[Bypass]

Then you should be released from the purchase of property and your ernest money returned.

You SHOULD only be out the inspection cost, the appraisal cost if any was done and time.

The sales person/broker you choose to work with needs to know your experience and expectations in real estate.

Your current one might not know this is your first home.

It was the first thing I told her. "This is my first home purchase."

 

[Spas-12 Owner]

Dot loop wont let me share/forward And it tells me I must create an account but when I try it won't give me the option to create an account.

That's a tech issue. You could try to clear cache/cookies.

If using a phone or tablet, make sure the website knows that.

 

[Spas-12 Owner]

It was the first thing I told her. "This is my first home purchase."

Well, depending on upon your contract with her, you could search for a different sales person/broker.

Or talked with them and set some expectations about items needing to know and time lines.

Also, you mentioned she said you could get sued?

I haven't seen that, but IF you're past all your due diligence time, the sellers can sue you for breach of contract and either force you to buy the home or pay for damages as it's called.

 

[Bypass]

Well, depending on upon your contract with her, you could search for a different sales person/broker.

Or talked with them and set some expectations about items needing to know and time lines.

Also, you mentioned she said you could get sued?

I haven't seen that, but IF you're past all your due diligence time, the sellers can sue you for breach of contract and either force you to buy the home or pay for damages as it's called.

Oh well........... I guess I'll find out tomorrow.

Thank you for the intel, Sir.

After this I doubt I'll try and buy another house. Nothing but a headache.

 

[Bypass]

Gonna close this thread I think I got my questions answered. Thank you guys. Gary.