Home     Law Advice     Insurance Advice     Community    
Go Back   FreeAdvice Legal Forum > REAL ESTATE LAW > Buying & Selling a Home

Powered by Attorney Pages


  Find An Attorney In Your Area    
 

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1  
Old 01-20-2004, 03:39 PM
Ann Thomas
Guest
 
Posts: n/a
Unhappy

Forced into closing


What is the name of your state? Suffolk County, NY

Last Tuesday my kids were doing a "walk thru" just prior to going to closing. Water was coming out the front door of the house. It's a ranch. Pipes burst, all rooms flooded. No closing took place. Seller offered an oral $5000 buy out which was accepted via son's lawyer. Now seller (via broker) says pipes have been repaired and the deal is still on.

My kids don't want this house. There is no money for long legal battles. Do my kids have any recourse?

Please someone, help!
Thanks,
Ann
  #2  
Old 01-20-2004, 03:46 PM
Senior Member
 
Join Date: May 2000
Location: Catatonic State
Posts: 75,781

Re: Forced into closing


Quote:
Originally posted by Ann Thomas
What is the name of your state? Suffolk County, NY

Last Tuesday my kids were doing a "walk thru" just prior to going to closing. Water was coming out the front door of the house. It's a ranch. Pipes burst, all rooms flooded. No closing took place. Seller offered an oral $5000 buy out which was accepted via son's lawyer. Now seller (via broker) says pipes have been repaired and the deal is still on.

My kids don't want this house. There is no money for long legal battles. Do my kids have any recourse?

Please someone, help!
Thanks,
Ann
**A: where is your son's lawyer and why is he/she not advising him?
  #3  
Old 01-20-2004, 04:14 PM
Ann Thomas
Guest
 
Posts: n/a

Re: Re: Forced into closing


Quote:
Originally posted by HomeGuru
**A: where is your son's lawyer and why is he/she not advising him?
There was a family emergency. He's in Florida! Hopefully he'll return tomorrow. But the realtor is badgering. Oh ... and my son's lawyer was recommended by the realtor.

Ann
  #4  
Old 01-20-2004, 04:15 PM
Senior Member
 
Join Date: May 2000
Location: Catatonic State
Posts: 75,781

Re: Re: Re: Forced into closing


Quote:
Originally posted by Ann Thomas
There was a family emergency. He's in Florida! Hopefully he'll return tomorrow. But the realtor is badgering. Oh ... and my son's lawyer was recommended by the realtor.

Ann
**A: then he should tell the Realtor to hold until the lawyer returns.
  #5  
Old 01-20-2004, 04:20 PM
Ann Thomas
Guest
 
Posts: n/a

Re: Re: Re: Re: Forced into closing


Quote:
Originally posted by HomeGuru
**A: then he should tell the Realtor to hold until the lawyer returns.
Boy! You're fast!

Thanks, HG. Will update as the saga unfolds (if that's okay) to perhaps help others.

Ann
  #6  
Old 01-20-2004, 04:24 PM
Senior Member
 
Join Date: May 2000
Location: Catatonic State
Posts: 75,781

Re: Re: Re: Re: Re: Forced into closing


Quote:
Originally posted by Ann Thomas
Boy! You're fast!

**A: Hmmmm, funny, my wife says the exact same thing.
********

Thanks, HG. Will update as the saga unfolds (if that's okay) to perhaps help others.

Ann
**A: yes, please do Ann and I invite you to post often.
  #7  
Old 01-20-2004, 06:40 PM
Senior Member
 
Join Date: Jan 2003
Posts: 19,155
Betcha the sellers had the heat turned off to save money (is the house vacant?). Penney wise and pound foolish.

Subfloors and such could be damaged. They should NOT close (should they decide they want the house) until a thorough examination has taken place by a qualified contractor/engineer. Odds are systems are damaged too.
__________________
Adoptive parents ARE "real" parents. Sharing genes is not what makes you a "parent"!
  #8  
Old 01-20-2004, 07:28 PM
Senior Member
 
Join Date: May 2000
Location: Catatonic State
Posts: 75,781
Yes, a licensed plumbing contractor and a home inspector should be hired to check things out.
  #9  
Old 01-20-2004, 09:10 PM
Ann Thomas
Guest
 
Posts: n/a
Quote:
Originally posted by nextwife
Betcha the sellers had the heat turned off to save money (is the house vacant?). Penney wise and pound foolish.

Subfloors and such could be damaged. They should NOT close (should they decide they want the house) until a thorough examination has taken place by a qualified contractor/engineer. Odds are systems are damaged too.
Yes, house was vacant. And we're pretty certain they ran out of oil ... damaged pipes, damaged oil burner (I'd bet my white Irish ... you know).

No subflooring - concrete slab - which now could be more than compromised. Possibility of mold, mildew. Oldest child has asthma. Kids don't want this house! They've put a binder on another. Lawyer is still in Florida and won't be back until at least Thurs.

I told my son that when he speaks with his lawyer he should tell him that he wants to be made whole (I watch TV ). He's very intimidated and feels they can still railroad him into taking damaged goods. Meanwhile, his wife has Lupus and their youngest son has insulin dependent diabetes. Tensions are running high.

Thank you so much for your response. Will keep you posted.

Ann
  #10  
Old 01-20-2004, 09:29 PM
Ann Thomas
Guest
 
Posts: n/a
Quote:
Originally posted by HomeGuru
Yes, a licensed plumbing contractor and a home inspector should be hired to check things out.
A licensed engineer was hired *prior* to them going to contract. Nothing is as it was when they went to contract. Truthfully, they don't want the house now. Who can guarantee that the heating system wasn't fouled up by this? Who can guarantee that the foundation (it's just a slab) hasn't been permanently damaged ... that mold and mildew won't appear at a later date?

The pipes burst. Why can't my kids just walk away from this?

Sorry. Just venting.



Thanks HG.
Hugs,
Ann
  #11  
Old 01-21-2004, 07:46 AM
Senior Member
 
Join Date: May 2000
Location: Catatonic State
Posts: 75,781
Quote:
Originally posted by Ann Thomas
A licensed engineer was hired *prior* to them going to contract. Nothing is as it was when they went to contract. Truthfully, they don't want the house now. Who can guarantee that the heating system wasn't fouled up by this? Who can guarantee that the foundation (it's just a slab) hasn't been permanently damaged ... that mold and mildew won't appear at a later date?

The pipes burst. Why can't my kids just walk away from this?

Sorry. Just venting.



Thanks HG.
Hugs,
Ann
**A: I am not sure if they can just walk away. It would really be dependant on the terms and conditions in the contract and what was agreed to following the plumbing incident. That is why they need their attorney.

Last edited by HomeGuru; 01-21-2004 at 09:01 PM.
  #12  
Old 01-21-2004, 02:46 PM
Ann Thomas
Guest
 
Posts: n/a
Quote:
Originally posted by HomeGuru
**A: I am not sure if they can just walk away. It would really be depedant on the terms and conditions in the contract and what was agreed to following the plumbing incident. That is why they need their attorney.
The contract listed a number of things that the seller was supposed to do prior to closing ... ie, cap the chimney, blah blah. None of it was done when they did the walk thru (or should I say "wade thru"). The walk thru was scheduled, by the seller, for 9am; closing was to be at 11:30am. Then of course there was the flood when they arrived for the walk thru.

Also, contract stipulated that closing was to be on or about 30 days after signing. Signing was Oct. 15. Closing was to have been Jan. 13. I see breech here. Post flood, seller's lawyer offered son's lawyer a $5000 buy out. Son accepted. All verbal.

Lawyer is still in Fla. His paralegal is telling my son that *now* the seller is willing to release the money being held in escrow, but will not pay any damages incurred by my son (about $1,500 in legal fees, title search, engineering report, etc.).

I know, I know ... wait for the lawyer! It's just hard to see my kids living out of boxes and trying to deal with their asthmatic 7 yr. old and insulin dependent 3 yr. old. As the "Mom" and "Nana", I just wanna make it all better.

Thanks again for listening.
Hugs,
Ann
  #13  
Old 01-21-2004, 04:10 PM
Senior Member
 
Join Date: Jan 2003
Posts: 19,155
Au contraire! The costs incurred by the seller were NOT "caused" by your son. They were caused by the seller's failure to maintain the property in the same condition in which he sold it. Had he done that, your son was more than willing to close.

The "costs" of such things as an engineers report, title search etc are a direct cost that the seller would be incurring because of the circumstances. First, the title update would be needed no matter WHO bought and may be applied to a different owner's policy. No policy was issued, so the policy portion of the title costs should be cancellable (in our market, we just do a buyer name search and update the search for the interveneing month or two if the first deal dies, and the cost to plug in a different buyer is no more than $75). The engineering report is a cost that the condition of the property generated, not your son. Have your son sit tight and advise them his attorney will be getting back to them. This is NOT the "same" house they put the offer on.
__________________
Adoptive parents ARE "real" parents. Sharing genes is not what makes you a "parent"!
  #14  
Old 01-21-2004, 04:56 PM
Ann Thomas
Guest
 
Posts: n/a
Quote:
Originally posted by nextwife
Au contraire! The costs incurred by the seller were NOT "caused" by your son. They were caused by the seller's failure to maintain the property in the same condition in which he sold it. Had he done that, your son was more than willing to close.

The "costs" of such things as an engineers report, title search etc are a direct cost that the seller would be incurring because of the circumstances. First, the title update would be needed no matter WHO bought and may be applied to a different owner's policy. No policy was issued, so the policy portion of the title costs should be cancellable (in our market, we just do a buyer name search and update the search for the interveneing month or two if the first deal dies, and the cost to plug in a different buyer is no more than $75). The engineering report is a cost that the condition of the property generated, not your son. Have your son sit tight and advise them his attorney will be getting back to them. This is NOT the "same" house they put the offer on.
This is exactly what I'm thinking, but I don't know diddly. It's nice to have confirmation on my gut feelings. My gut says that what's happening is not RIGHT, but that doesn't mean that the sellers can't legally get away with it.

My hubby is gonna talk with my son later on and advise him to a) wait for his lawyer to return, and b) make them a counter offer of say $3500 (plus the return of the escrow). To our way of thinking, this will give "wiggle room" for negotiating and my son stands a chance of walking away "whole". We feel that morally and ethically, he should be made whole. Whether or not he can be, legally, without tying things up in a lengthy, expensive legal action remains to be seen. Kids can't afford it, we can't help, neither can the in-laws.

I thank you so much for your advice and I'm very grateful for this forum.
Hugs,
Ann
PS Re.: your signature .... As a birthmother, I completely agree with you. I pray my b'son was lucky enough to have parents like you. God bless.
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

All times are GMT -5. The time now is 05:08 PM.



IMPORTANT NOTICE
THE VIEWS EXPRESSED ON THIS PAGE WERE NOT REVIEWED BY THE EDITORIAL STAFF OR ATTORNEYS AT FREEADVICE.COM. Thousands of professionally prepared and reviewed questions and answers in 130 legal categories are to be found at the Question and Answer pages at FreeAdvice.com.

F
reeAdvice Forums are intended to enable consumers to benefit from the experience of other consumers who have faced similar legal issues. FreeAdvice does NOT vouch for or warrant the accuracy, completeness or usefulness of any posting or the qualifications of any person responding. Use of the Forums is subject to our Terms and Conditions which prohibit advertisements, solicitations or other commercial messages, or false, defamatory, abusive, vulgar, or harassing messages, and subject violators to a fee for each improper posting. All postings reflect the views of the author but become the property of FreeAdvice. Information on FreeAdvice or a Forum should not be relied upon and is not a substitute for advice from an attorney licensed in your jurisdiction who you have retained to represent you. To locate an attorney visit AttorneyPages.com. Copyright since 1995 by Advice Company. All Rights Reserved.