Legal Question in Real Estate Law in Florida
real estate
i signed my deed over to a real estate company to help make makements. the house made double profit at selling but i came out with $500 is that right
2 Answers from Attorneys
Re: real estate
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With the minimal information that you provided, it is impossible to understand what you are explaining. It does sound however, that you were dealing with one of the mortgage foreclosure "savior" firms that are defrauding many people around the country. If so, you should consult an attorney to see if you have any legal rights which may be enforced.
Scott R. Jay, Esq.
Re: real estate
It is impossible to answer your question given the very little incomplete information you have provided. Did you sign a written agreement with the real estate company? How do you define "double profit"? Did you have mortgage loan(s), unpaid real property taxes and other expenses paid at closing? How much equity did you have in the property --- what was the difference between the (1) mortgage loans, taxes, closing costs and (2) the purchase price the property sold for? Do you have a copy of the Settlement Statement signed by the buyer and seller at closing? You need to compile all documents relating to this matter and consult with an attorney in order to receive meaningful responses to your question(s). Good luck.