Sue the Bank for Negligence?
Has anyone here ever sued a bank for incompetence? A local bank here epically messed up a deal for me but I was able to salvage it (had to come up with an extra $10-15k in a day) and still closed, but their negligence did almost cost me a great deal...I was pissed but let it slide - just won’t use them again.
Fast forward to yesterday, I’m talking to a dear friend who is buying her first investment property with her husband and the deal fell through epically. The bank messed up royally. She is now out her earnest money, inspection $, etc and has lost a great deal. We are shocked to discover it is the same bank and broker who almost ruined my deal!
She is appealing to the seller to get her earnest $ back since it was definitely a bank error, but I doubt she will. Is there any way to sue the bank in a situation where their negligence is the reason for the failed deal?