Legal Question in Real Estate Law in Florida

Re: Seller trying to make me purchase a home

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The Seller's attorney is trying to exert pressure with an untenable position. If you have a mortgage contingency and the lender has denied your loan you will generally have a valid right to cancel the contract providing you applied within the timeframe required under the terms of the Contract.

As has been suggested, you should consult a qualified real estate attorney who can review the terms of the contract and provide you with specific advice regarding your rights and obligations. Good luck.

Scott R. Jay, Esq.

Re: Seller trying to make me purchase a home

You should get your own lawyer immediately or you could get sued or lose your deposit, if any.

Re: Seller trying to make me purchase a home

Mr. Stewart is correct. You will need to change your posture as they have involved their lawyers. So you will need to have an attorney advising you if you want to increase your chances of coming out of this well.

Re: Seller trying to make me purchase a home

You need to consult with a real estate lawyer in your area immediately. You need written confirmation that you did not qualify for the loan, you need a review of the contingency clause of your contract, and you need to document your failure to get a loan commitment in writing.