Legal Question in Real Estate Law in Louisiana

I had a signed contract to buy a house with a state grant that I was approved for 90 days ago.
We had to extend the contract 4-5 times because the loan company and the state couldn't get their stuff together and in the end, I wasn't approved for the state grant because I had to re qualify (bc is was over 90 days) and made too much money.
Then I tried to re qualify for the loan without the grant but the sellers wouldn't sign the extension and were requiring an additional $1,600 non-refundable deposit for close within 5 days. Of course I didn't sign this and let the contract lapse.
We sent over a nullification and let them have the deposit $500 (even though under the contract I think I could have kept it).
Now I think they are trying to sue me for something because they wont sign the nullification and are working with their broker.
Do they have a leg to stand on to sue me for specific performance or anything else? I was never actually approved for the loan with or with/out grant money because they process took soooo long.

Asked on 2/22/11, 8:16 am

Martha Amanda Mandi Lucas Mandie Seale Lucas

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0 attorneys agreed

There is no cause of action available to them on the facts described.

Answered on 2/23/11, 11:17 am

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