Legal Question in Real Estate Law in District of Columbia
Is HUD breaking the law?
Thank you for answering my question:
I recently bid on a HUD house, the bid was accepted, the paperwork turned in, and the people at HUD lost the contract. When my realator called about it, the people were rude and abrupt. I later found out that the property has been sold. Since I can prove that I followed the guidelines, and was the winner of the bid, what legal options do I have?
Thank you again!
2 Answers from Attorneys
Re: Is HUD breaking the law?
If there was a binding contract for the sale of the property between you and the agency, and a breach of that contract on the part of the latter,
you would then have a cause of action against the agency for the damages which you incurred as a result of their breach.
The real issues reduce to whether in fact there was such a fully-finalized contract and whether you can prove it.
Re: Is HUD breaking the law?
A caveat to my previous answer: I should've added
that if the HUD agency is able to assert some form of governmental immunity(qualified or otherwise), or that in order to bid on these properties you signed an agreement to hold the agency harmless for the kind of error which you've described in your question, or that the agency has some other form of statutory protection from suit for errors they make in taking and processing these bids, then, obviously, you would have no viable basis to proceed with a lawsuit against the agency.