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Updated over 10 years ago on . Most recent reply

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Zaren Basanow
  • Forked River, NJ
0
Votes |
1
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Realtor screwed up my HUD deal

Zaren Basanow
  • Forked River, NJ
Posted

I found a HUD home in NJ open for owner occupants bid. Realtor broker for me submitted bid and was accepted by HUD. Wrote check to realtor company, signed all papers. Asking for 20day close. Realtor broker just called and said I lost the house because HUD did not receive the certified check in time.

I signed contract and wrote the check the same day by bid was accepted. My realtor must have forgotten or waited too long to send check.  Now home went to backup bidder. 

Question is... Do I have any recourse? Or am I just out? Can my realtor be held responsible or sued? Not looking for money, just wanted this house. 

Most Popular Reply

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2,518
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Matt M.
  • Realtor
  • Denver, CO
1,278
Votes |
2,518
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Matt M.
  • Realtor
  • Denver, CO
Replied

You are out. Move on. Get a different Realtor. Is it really worth any head aches?

Like I tell myself, my wife, and my clients: There is ALWAYS another house, deal, etc.

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