| |  |
| Home | Law Advice | Insurance Advice | Community |
| |
| ||||||||||||
| |||||||||||||
| | |||||||||||||
| |||||||
| | |
 |
| | LinkBack | Thread Tools | Rate Thread | Display Modes |
|
#1
03-22-2003, 11:27 PM
| |||
| |||
30 Day Escrow Agreed Upon ExpriedWhat is the name of your state? California California Buyer and Seller agreed to a 30 Day Escrow. We the seller offered to extend escrow. We asked the buyer to agree to pay $50 a day until escrow closed. Buyer refused our offer to extend escrow. We the seller contacted escrow in writing and via the telephone to stop escrow. The buyers are threatening a Liz Pen dance. Does the buyers have any legal grounds? What is our recourse? |
|
#2
03-23-2003, 01:08 PM
| |||
| |||
Re: 30 Day Escrow Agreed Upon Expried[quote]Originally posted by jsterveen [b]What is the name of your state? California California Buyer and Seller agreed to a 30 Day Escrow. We the seller offered to extend escrow. **A: why did you make such an offer? Did the Buyer's request an extension? ********* We asked the buyer to agree to pay $50 a day until escrow closed. Buyer refused our offer to extend escrow. We the seller contacted escrow in writing and via the telephone to stop escrow. **A: why did you not notify the Buyer in writing that the transaction was then terminated? ********* The buyers are threatening a Liz Pen dance. Does the buyers have any legal grounds? What is our recourse? **A: there are various dances such as the chicken dance, break dance etc. and I once saw Pig Pen and Linus dance but never Liz Pen dance. When you talked to your attorney about this, what did he/she tell you? Last edited by HomeGuru; 03-23-2003 at 09:17 PM. |
|
#3
03-23-2003, 01:34 PM
| |||
| |||
30 Day Escrow Expiredyes the buyers were notified via our realtor through their realtor, that the 30 days they requested for escrow was expiring. the 30 day escrow was what they asked for in their offer. |
|
#4
03-23-2003, 09:18 PM
| |||
| |||
| OK. |
|
#5
03-24-2003, 03:10 PM
| |||
| |||
30 Day Escrow ExpiredI live in California. So since the buyers were notified 5 days after the 30 day escrow expired and we notified the escrow company to stop all proceedings regrading this escrow. Do the buyers have any legal grounds to file a Lis Pendence or proceed with arbitration? Were we within are legal rights to stop this escrow? |
|
#6
03-24-2003, 08:57 PM
| |||
| |||
Re: 30 Day Escrow Expired[quote]Originally posted by jsterveen [b]I live in California. So since the buyers were notified 5 days after the 30 day escrow expired and we notified the escrow company to stop all proceedings regrading this escrow. Do the buyers have any legal grounds to file a Lis Pendence or proceed with arbitration? Were we within are legal rights to stop this escrow? **A: have an attorney review your contract. |
|
Linear Mode
