I got a property trought Homesearch auction in April. It was a short sale ( My mistake,not understanding what short sale means). that was in early April. However, it wasn't until now the sale was finally approved. It was a cash deal and I have not enough cash plus the deal is not good any more since the housing market has significantly slowed down now. I want to cancel it, the property seller want me to pay 3% of the property value as well as $1000 punishment fee. Is there any way I can get off the contract? anyone has experience? please help.
Urgent! please help
所有跟帖:
•
I don't know if there is any way to get rid of the contact excep
-qiaoshe-
♀
(0 bytes)
()
07/10/2015 postreply
11:50:42
•
what is the term of the contract
-sneezy888-
♂
(146 bytes)
()
07/10/2015 postreply
11:51:09
•
估计这term就是要她陪赏的item
-qiaoshe-
♀
(0 bytes)
()
07/10/2015 postreply
11:55:01
•
Thanks. I will call homesearch. I have not pay EMD yet.
-meowi-
♀
(0 bytes)
()
07/10/2015 postreply
12:16:28
•
Seems homesearch allows you to go away before signing contract
-Redrockmm-
♀
(30 bytes)
()
07/10/2015 postreply
12:03:09
•
will do
-meowi-
♀
(0 bytes)
()
07/10/2015 postreply
14:43:16
•
did you send them deposit? did you sign the approval letter?
-Learning103-
♀
(496 bytes)
()
07/10/2015 postreply
12:08:54
•
that is what I think
-meowi-
♀
(809 bytes)
()
07/10/2015 postreply
12:29:45
•
do not need to talk to seller. Homesearch will handle this.
-Redrockmm-
♀
(105 bytes)
()
07/10/2015 postreply
12:34:06
•
thank you
-meowi-
♀
(0 bytes)
()
07/10/2015 postreply
14:19:28
•
Short sale if bank not approved yet you can back out (I think)
-sneezy888-
♂
(60 bytes)
()
07/10/2015 postreply
13:18:14
•
yes, I can't wait for the short sale to be approved forever.
-meowi-
♀
(0 bytes)
()
07/10/2015 postreply
14:27:56
•
what kind of approval letter do you mean?
-meowi-
♀
(0 bytes)
()
07/10/2015 postreply
12:30:37