0
What else can I help you with?
Can a buyer back out of a purchase agreement?
Depends on the contract and what state you are in. Most contracts allow for the buyer to back out under certain conditions (the home fails inspection on an issue that affects habitability or a code violation, for instance). The seller may have the option to remedy the situation by reducing the price or repairing the problem. Most will have an out if you cannot get approved for a mortgage or otherwise finance the property as well. If you simply get cold feet and change your mind, you will likely forfeit any earnest (or escrow) deposit you made with the offer. In some cases, a judge could force a transaction to go through (this is called "specific performance"), but that is more common when the seller tries to back out of the deal, and rare for the buyer. Again, you it depends on exactly what your contract states and what state law says - so read your contract and consult a good real estate attorney in your area!
How do you calculate REPO rate?
I think its a simple interest rate that is calculated and added to the second leg of the transaction. It can be calculated keeping other interest rates in mind & is generally fixed by the central bank of the country.
What is an irrevocable resignation?
An irrevocable resignation implies that the one who resigns cannot change his or her mind about the decision.
What is irrevocable resignation?
An irrevocable resignation implies that the one who resigns cannot change his or her mind about the decision.
How does emotion and perception influence how a consumer makes a purchase?
the buyer could change their mind if a type of music is played
Who does a Real estate agent represent?
either the buyer or seller of a property There are several types of representation that a real estate agent may be hired to perform. The agent can be retained in a single agency representation to represent the seller or as a buyer-agent representing the buyer. Single agency results in a fiduciary relationship to either the buyer or seller, but not both. Dual agency is where the real estate agent owes a fiduciary relationship to both parties and is not permitted in many states. A real estate agent can also be retained to provide what is called transaction brokerage whereby they do not represent either the buyer or the seller but instead performs services to facilitate the transaction and would be bound to treat both parties fairly but does not owe a fiduciary relationship to either. When retaining the services of a real estate agent inquire as to the nature of their representation and who they in fact represent. Keep in mind that as their representation of a particular party to the transaction evolves, the representation obligations and fiduciary duties may change. It is obligation of the real estate agent to disclose in establishing a relationship and also if and when it changes during the transaction.
Can seller of used car change mind if deposit has already been paid?
No
How long do you have to change your mind about purchasing a new car in Colorado once the papers are signed but the transaction is not completed?
You can't change your mind. Once you signed for it, you bought it. Your only chance is if the dealer is willing to take it back.
How long after you sign papers for buying a used car do you have to change your mind in Maine?
Once you sign the papers you cannot change your mind unless the seller agrees. Buyers remorse laws do not apply to the purchase of a vehicle.
Can you change your mind after buying a used car from an individual if you are under 18?
Sure! But it is up to the seller to agree to take it back. LOL
What are the other homophone for cellar?
The homophones for "cellar" are "seller" and "celar".
When was Council Estate of Mind created?
Council Estate of Mind was created on 2004-08-09.
Can you change your mind and get a refund after purchasing a used car in Pennsylvania?
Not unless the seller agrees to refund your money. A used car purchase is final.
What is another name for a seller?
merchant comes to mind
I signed paper for the car but i have not picked up the car from the dealer can i change my mind?
Not enough info, What state are you in? Is there Bank financing involved, if so have they paid the seller yet? Did you pay the seller yet if a cash deal? Check laws in your state.
What happens to inspired Darcy to hope that Elizabeth may change her mind and marry him?
Darcy's hope is inspired when Elizabeth visits Pemberley and he witnesses her sincere admiration for the estate and his sister. This leads him to believe that Elizabeth's feelings towards him may have softened and she could potentially change her mind about him.
What Real Estate Law Attorneys Can Do For You?
There are many resources available to help both buyers and sellers of real estate. Real estate law attorneys are some of the most important of those resources. When you become involved in any real estate transaction, you must have a clear understanding of your duties, as well as your rights. Real estate law attorneys ensure that the title to the property you wish to buy or sell is good. Your attorney will arrange to have title insurance in place at the time of closing. They will also let you know whether there are any liens placed against the property that could negatively affect closure of the transaction. As a home buyer, real estate law attorneys will help you understand the contract, prepare any necessary legal documents and work with the lending bank to clarify and make any necessary modifications to the mortgage terms. Your attorney will also attend the closing in order to make a final review of any contracts before you sign. As a seller, real estate law attorneys review any received offers, purchase agreements and sale agreements. They also aide in the negotiation process, prepare the deed and prepare any necessary power of attorney. Transfer of security deposits as well as insurance certificates are also handled by your attorney. You may have reached the point in a real estate transaction where you are ready to submit or accept an offer without the help of real estate law attorneys. If this is the case, be sure to make your offer contingent upon review and approval by an attorney. Real estate law attorneys charge either flat or hourly rates for their services. On the low-end, your cost will be around $500. Fees may be higher than this, but rarely in excess of $1500. In the scheme of a real estate transaction, this fee is well-worth the peace of mind that having an attorney on your side provides.
