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Can a private seller back out of a sale if he returns the down payment?
Wiki User
∙ 12y ago
It depends on the terms of the contract.
Wiki User
∙ 12y ago
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How do you get your down payment back on foreclosed property?
Your down payment was used to purchase the property and was paid directly to the seller. You don't get it back.
Who holds title of a private party sale while still making payments?
The private seller holds the title until paid in full, he should transfer the title to private buyers name and place a lien on title then the title will be mailed back to the private seller and once vehicle is paid the seller signs off on the lien and mails the title to the buyer. A contract/bill of sale should be signed by both parties to the payment agreement established for the protection of both parties.
Can a 17 year old buy a car from a private seller that has mechnical problems get there money back after the car is totaled?
No
When a car is purchased from a private seller and it develops faults soon after purchase can the car be returned to seller?
If the car was running good when purchased, and was sold "as is", then not much. If it wasn't sold "as is" try to get your money back from the seller. If this doesn't work, you'll have to take it to Small Claims Court.
How do you receive what you bought on eBay?
Firstly, check the item listing to see what the seller says about accepting returns; some will accept returns for any reason, some will not. If you need to return the item because it is broken or "significantly not as described" and the seller refuses to help you, you can contact eBay and ask them to help you resolve the problem.
Can you get a refund from a private seller on a car if the transmission fails the day after delivery before it has even been signed over?
You may have to take them to court to get your money back.
What is seller carry back?
A seller carry back is, in essence, a second mortgage. However, it is payable to the seller of a house instead of the bank. Here's how it works: A buyer wants to purchase a house, but doesn't have the down payment that they need to qualify for the mortgage. So, a seller may offer to hold a note in the amount that they need. For instance, if you are selling your house for $100,000 and the buyer only qualifies for $85,000, you may hold a "carry back" for $15,000. The buyers will then make payments to you and the bank until they refinance and pay you off.
What is a back payment?
A back payment is an overdue payment from a debtor to a creditor on money owed.
Can you get your money back on a used car that has a warranty?
Probably so. Drive the car to the seller and tender it [give it] back to the seller, then demand your money back. If the seller refused to refund your money, sue the seller for the purchase price, using the warranty as your legal proof that you are entitled to your money back.
What is the word for returns in latin?
Returns or comes back is revenit
What is inward and outward returns?
Returns inward: Faulty or wrong goods that the customers return back to business Returns outward: Faulty or wrong goods that business returns back to supplier.
What is return sales?
When the sold items are returned back to the seller by the customer then, it is Sales Return for the seller.
