Legal Question in Real Estate Law in Indiana

My fiance and I have been trying for over 2 months now to get a loan approval from Bank of America. They have made us get 2 appraisals at $400 each. They keep leading us along saying the final approval will happen soon. If the seller backs out and we lose this house, can we sue them for our money back as they did not close the loan in the timely manner and have put us in a financial Bind?


Asked on 4/30/10, 9:43 am

1 Answer from Attorneys

Possibly.

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Answered on 5/05/10, 12:37 pm


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