Legal Question in Real Estate Law in Florida

Stopping home sale contract

I went into an agreement to sell my home, contingent to my getting mortage aproval for my new home purchase. I could not get approval for mortage that I can afford and told realtor 10 hours after deadline date. Buyer wants to sue or force me to sell anyway, what can I do?


Asked on 6/20/03, 11:37 pm

2 Answers from Attorneys
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Stopping home sale contract

To provide you with a proper reply would require a review of the contract.

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Answered on 6/21/03, 9:22 am
Peter Gonzalez Sanchez-Medina, Gonzalez, Quesada, Lage, Crespo, Gomez & MachadoLLP

Re: Stopping home sale contract

Hopefully you confirmed in writing what you "told" the realtor and you provided a copy of the letter from the lender advising that you failed to qualify for financing. If the contract has a financing contingency you have a solid argument to get your money back.

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Answered on 6/23/03, 11:38 pm


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