Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips


Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Topic Options
Rate This Topic
#36226 - 08/08/05 11:05 AM seeking advice on possible breach of contract
Anonymous
Unregistered


Hello everyone, hopefully someone out there can offer me some advice. I am in Washington state and recently purchased a home that is somewhat unfinished. There were many things in our contract that the sellers were to finish before we took ownership of the home, but a few things did not get done. I have talked to the seller (who continues to pretty much put me off, telling me to talk to the neighbor who is supposed to finish these things, but he is absent minded and I doubt will ever get to it), I have spoken to the sellers real estate agent (who was supposed to talk to the seller, but that was a week ago and I haven't heard a thing from anyone), and to my agent (who spoke with her broker and was told just to contact the sellers agent). I have been here for over a month now and I am worried that these things are never going to get finished. I am wondering if there is any legal action I can take. Any advice would be wonderful, thanks so much in advance!

Top
#36227 - 08/08/05 11:38 AM Re: seeking advice on possible breach of contract
Realty Check Offline
Major Contributor

Registered: 09/19/03
Posts: 2410
Loc: Panama City FL
Read your contract....

If work was not completed by closing date... you should not have closed OR had funds held in Escrow until the work was completed.

Your contract should show what your chances are.... probably very slim...

You may stand a better chance if the seller was a contractor/ builder/developer but far less if just an individual owner.

Most Closing are considered Final unless specific wording is contained that requires certain performances and again... you should always hold Escrow funds for their completion or the seller has NO Motivation to accomplish remaining task.

Depending on your contract, you may be able to take them to court for breach but this has high cost which often can not be recovered or may exceed the value of the work need to be completed.

I fear you may be in a situation we always try to avoid.... your ability to get what your due may be limited by the cost you will have to expend to get it. Escrow was the thing that should have been set up to mitigate this type problem.

Top


Moderator:  Jim Lee 
Newest Members
GreatLakesBroker, Rich Oliveria, AnnaC, VernalUtah, Sparrow
12777 Registered Users
Who's Online
21 registered (Chi-town, ChristieS, DelCidsRealty, Detroit_Realtor, ditty, 2 invisible), 47 Guests and 6 Spiders online.
Key: Admin, Global Mod, Mod
Search

Shout Box

Good Ideas
Nusetlock.com




Realtor Websites




Sponsors

Top Posters (30 Days)
Mr. Foreclosure 167
Pinehurst RE Guy 135
super realtor 133
Perky_REALTOR 127
TB in TX 122
shana 111
Vermont 105
REODayton 104
CanDo 98
ColoBroker 82
allREOpreserv 81
northtxbroker 67
estatereal 62
Agent 007 55
broker 49
Featured Member
Registered: 06/20/07
Posts: 171

Real Estate Careers, Get Certified. Improve your BPO business., Chicago Real Estate, How To Advertise Here


This site presented by RNC Internet Services