Legal Question in Wills and Trusts in Florida
i have put a house on contract since june 26/09 an i have been waiting i call the underwriter over an over all he say i will here from the bank today after i do all they say he told me the bank turn down the loan he say he told the broker i call her she say he didnt call pleas let me know what legal step to take
3 Answers from Attorneys
I would have to read the contract, but it sounds like you can get out of it.
Why do you think there is a legal step to take? Generally, when you endeavor to purchase a house, it's your responsibility to find the funding. You should probably try to seek funding from many sources. In the meantime, why don't you set up a conference call between the bank rep and the broker to see if you can straighten things out?
Have you secured funding? That is your responsibility. If you can't get a loan for the house, that is usually one condition that voids the contract.
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