Legal Question in Civil Litigation in North Carolina

Re: verbal agreement

In general, a contract to purchase real estate must be in writing to be enforceable. I do not think you would prevail if you brought suit to enforce an oral promise to sell a house. You may be able to bring an action to recover back any costs you expended during the loan process, as well as any other consequential damages, under several possible legal theories. I cannot comment specifically about which theory would be the best one to pursue without more information. You do not mention the dates of these transactions. There will be a statute of limitation applicable to this claim - you will have to bring legal action against the other party within a specific period of time, which varies depending upon the type of claim involved. If you seriously intend to pursue recovery of your costs and other consequential damages, please seek further legal advice promptly.