Legal Question in Real Estate Law in North Carolina
bank is asking more than a homes listed price, can they do that?
Asked on 6/29/12, 4:35 pm
1 Answer from Attorneys
Kenneth Love
Ken Love Law
A Bank or anyone can ask for any price they want. You may be thinking of price gouging...but that requires a concerted effort to significantly increase prices on necessary items duirng a crisis. Example: when gas stations were charging $10.00 a gallon in the southeast after Hurrican Katrina.
Answered on 12/09/12, 5:43 pm
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