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All Forum Posts by: John Smith

John Smith has started 1 posts and replied 4 times.

@Filipe Pereira Yes, the first lawyer said this could be a route. To make a claim against the errors and omission insurance

@Wayne Brooks the real estate agent was supposed to show receipt of the earnest money. The language in the contract says the if they didn't show receipt of the earnest money, then the seller could back out. 

That's exactly what happened. The agent forgot to show receipt of it to the seller. 

Yeah I'm currently interviewing a few attorneys. Never imagined being in this position. I hate to have to be this person but thats a massive opportunity I missed bc of someone else's carelessness. 

I had a property under contract as the buyer and fulfilled all my duties. The seller backs out and claims they didn't receive receipt of earnest money bc my agent didn't send it in the time specified under contract. I already spent money on the appraisal and inspection. 

The property was in an excellent location and by getting rents up to market average rents, would have added 150k in value to the property. 

Can I sue my realtor for those damages?