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Updated almost 3 years ago on . Most recent reply presented by

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Angel Nieves
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Looking for a RE attorney in Tampa FL

Angel Nieves
Posted

I know this is a shot in the dark but are there ways to get a non refundable emd back? 

Im under contract for a property that was brought to me from a wholesaler. They do not have equitable interest in this property. There is another wholesaler who is direct with seller. the wholesaler im involved with will buy the deal from them and double close / sell to me. 


however a few days from closing i find out from county that this property does not have a legal property card due to an illegal split and is non conforming so the property is useless you cant do anything on it 


I wonder what issues could arise especially on title if I do close however Id like to discuss my options with a licensed RE attorney any suggestions? 

Most Popular Reply

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David Ramirez
  • Investor
  • Tampa, FL
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David Ramirez
  • Investor
  • Tampa, FL
Replied

Hey Angel, 

I would recommend contacting the title company you are working with. Title companies usually have in-house attorneys that can help you out during the closing period. 

Good luck!

David 

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