All Forum Posts by: Barrett Determan

Hired a real estate attorney, sent a letter, cloud removed, house purchased.

@Wayne Brooks

Yes Oklahoma contract. Closing date on or before 12/31/19. Not really sure how to proceed. Hate to have to pay an attorney.

@Wayne Brooks

https://www.ok.gov/OREC/documents/OREC%20Residential%20Sales%20(04-2019-R).pdf

@Wayne Brooks they did, but it was after mine.

@John Thedford seller was unaware a lien had been filed.

@Jay Hinrichs I had the first offer and a dated contract.

@John Thedford they weren’t until I told them and I do t know how much

@John Thedford correct

Got a signed purchase agreement on an off market property this spring. The seller requested several months so that some of the family members currently living there could get out of school and find a new place to live. They had previously received a lower offer but didn’t take it and when I offered more the contract was signed.

When they finally told me they were ready to move forward, I sent the necessary info to my bank to get the process started for a rehab loan. During this process, the buyer who made the previous offer came back and told them they would pay cash. The seller agreed to sell to him. When they informed me, I told them I would not let them out of my contract, and that mine was first. They agreed and told the other buyer that we were moving forward.

Now we are almost ready to set a closing date, but the title company discovered that this individual has filed a lien. Is there an easy way to remedy this?

TIA

 Traditionals are for us rookies so we can cash flow early without too much cash. 😬