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jsrankin3
Guest
I'm John Rankin and I live in New York State, Rockland County. When my landlord offered to sell me the 2 family home where me and my family reside I had to refuse as I live hand to mouth, week to week. When he offered to lend me and my wife the downpayment for the home, 36 months @ 8.25%, we went ahead and started looking for a bank. 3 months later we have been preapproved for a 95% mortgage and are ready to move on to the next step when the landlord backs out on us on advice from his lawyer. I feel hurt and betrayed. He knew the only way I could afford the house was to borrow the down from him, no one else I know can lend it, and he never set any conditions on it. Nothing is in writing and I just want to bash him in the head. Do I have any leagle recourse to threaten him with? I just want to buy the house, not get into a leagle battle. If anyone has any ideas I would truly appreciite it. Thank you.
JSR III
JSR III