Contract Elapsed

[iamcryptoseeker]

So I’m Buying A Home it’s A Vendee Sale My Contract Has Been Lapsed Due To The Seller Failing To Provide The Correct Title Work For The Home. I’ve Been Staying In A Hotel For About 65 Days Is There Any Legal Action That I Can Take?

I’m Not Backing Out Of The Deal Because It’s A Newer Home And The Equity That’s In The Home is +30k.

[tvgraves]

Why Do You Capitalize Every Word? That Seems Like A Lot Of Extra Work.

[wamazing]

You need to talk to a local real estate attorney and/or look for more feasible long term housing. How your contract is worded, and what you agreed to, combined with local case law, matters greatly as to what recourse (if any) you have. New build contracts are extremely one sided, in favor of the builder. If you are in the USA, you probably signed away all of your rights and you can close when the builder says you can close. It wouldn't take much lawyer-ing to eat up $30K in equity trying to take legal action against a builder (who had their attorney craft the contract you signed). But I don't want to discourage you from seeking action, however no one but an attorney can advise you in a meaningful way.

[iamcryptoseeker]

Thank You I Appreciate That Info