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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Thu, 24 Feb 2005 21:08:39 GMT
/ Author of the message: "Don Zimmerman" |
Title of the message: |
Re: Is buyer liable for delay in closing?
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Text of the message: |
cgon" <cgoncorp@gmail.com> wrote in message news:t2oTd.6843$OU1.2214@newssvr21.news.prodigy.com... > > I just closed escrow on a California property that was delayed about 1.5 > months (this is on top of a 2 month escrow). It seems that the buyer made > some bad choices (changing lender, needing a re-fi on another property) that > caused the delays. I was not made aware of these critical changes until I > made an offer on another property. I was forced to pay extra fees to keep my > original loan for so long as well as mortgage interest on the house I was > going to buy with the profit from the first. I patiently waited while I paid > all of these fees (totaling about $8000). > > Now that all of the deals are closed, I was hoping to recover some money for > these extra expenses from the buyer of my old house. Do you think I have a > good case? My broker informed them all along about these fees I was going to |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.