Legal Question in Real Estate Law in Utah
I am a month and half in to closing on a HUD home and I am now being told that HUD cannot get the title from the lender. How is it legal that HUD is listing a house that they do not own? How is it legal to string me along for such a long time wasting time and money on inspections and filing paperwork to just say they can't do it. Shouldn't HUD own the title before they can sell the home? Do I have any sort of legal recourse?
Asked on 9/23/10, 10:50 am
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Read the documents that you and HUD signed. If they promised that they had title, you can sue for specific performance.
Answered on 10/16/10, 9:17 pm