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Builder Closed for a price now broker expect overage money returned
I spoke with with an attorney. He said the contract has a a provision that calls for any changes to be done in writing. There are none other than email exchanges so if I am going to be sued by the customer for the money the case becomes a case of material fact which the attorney said is hard to...- smutlydog
- Post #32
- Forum: Other Real Estate Law Questions
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Builder Closed for a price now broker expect overage money returned
The paper work I guessing is going to show the overages went past the limit of the loan( sales price)and so the buyer is owed the money. The thing is I will be paying for those overages out of my pocket. So the customer will get an upgraded security system, windows. extended patio and here is...- smutlydog
- Post #29
- Forum: Other Real Estate Law Questions
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Builder Closed for a price now broker expect overage money returned
The broker makes 2% at closing on all sales- smutlydog
- Post #28
- Forum: Other Real Estate Law Questions
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Builder Closed for a price now broker expect overage money returned
No the check was written to me. The broker just had possession of it.- smutlydog
- Post #23
- Forum: Other Real Estate Law Questions
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Builder Closed for a price now broker expect overage money returned
His explanation was confusing. In fact in our original after closing meeting. He told me he was confused himself so he had to turn over all the number to his accountant to get things sorted out. I have since done the math and the way I see it he may have forgot to include overages paid to me in...- smutlydog
- Post #18
- Forum: Other Real Estate Law Questions
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Builder Closed for a price now broker expect overage money returned
I have an appointment soon with the number one real-estate law and contract attorney in town. A few weeks ago I spoke with an attorney with limited experience. After looking at the documents he told me I had every right to walk into the title company and demand my money. Well recently I decided...- smutlydog
- Post #16
- Forum: Other Real Estate Law Questions
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Builder Closed for a price now broker expect overage money returned
At closing the title company told me to expect electronic transfer of funding hours after closing. That's how it has always worked. It never happened. The next day my broker calls me into his office with this bs.- smutlydog
- Post #8
- Forum: Other Real Estate Law Questions
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Builder Closed for a price now broker expect overage money returned
The buyer doesn't have a realtor. I am the builder and I am being asked to asked to write the check by my broker to the customer. The thing is. I never authorized the broker to negotiate for a lower price. My broker is telling me the price was $450,000 but the contract was $475,000 which was on...- smutlydog
- Post #6
- Forum: Other Real Estate Law Questions
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Builder Closed for a price now broker expect overage money returned
Texas I had a contract to build a home for a price and closed for that price. The next day my brokers calls for a meeting and tells me I have to pay back all the overage money I received which was roughly $24,000. I am suppose to pay it back to the buyer because that amount went over the...- smutlydog
- Thread
- Replies: 57
- Forum: Other Real Estate Law Questions
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Lady Bird Deed and Medicaid Estate Planning
What is the name of your state? Texas About 4 years ago my 90 year old dad had all his real-estate including several ranches and homes willed to me and my siblings via lady bird deed. He now is in need of nursing care services and his pension will roughly cover half of the cost. He told us 4...- smutlydog
- Thread
- Replies: 6
- Forum: Wills, Trusts and Estate Planning
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Signed for 12 months of advertising but didn't get the 12 months of advertising
What would be the point of making a post like this?- smutlydog
- Post #20
- Forum: Debt Collections
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Signed for 12 months of advertising but didn't get the 12 months of advertising
He is a 1099 contractor- smutlydog
- Post #16
- Forum: Debt Collections
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Signed for 12 months of advertising but didn't get the 12 months of advertising
He is actually a silent partner who is paid as a contractor. I fund these projects with no financial help from him. His profits vanish immediately and I live right above the poverty level so that this business can grow.- smutlydog
- Post #13
- Forum: Debt Collections
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Signed for 12 months of advertising but didn't get the 12 months of advertising
Yes $3,500 to settle- smutlydog
- Post #10
- Forum: Debt Collections
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Signed for 12 months of advertising but didn't get the 12 months of advertising
Looks like I am heading for a $3500 settlement . I argued for $3,000 so not to far off the mark. It could have ballooned to $10,000 plus had it landed on an attorney's desk. thanks everyone for all the replies- smutlydog
- Post #6
- Forum: Debt Collections
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Signed for 12 months of advertising but didn't get the 12 months of advertising
What is the name of your state? Texas This question is pertaining to a previous question about a contractor representing my LLC business and signing for 12 months of magazine advertising without my consent and using my credit card. Three payments were made and the contractor paid me back for...- smutlydog
- Thread
- Replies: 20
- Forum: Debt Collections
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Contractor signed on my LLC's behalf
They couldn't get a hold of the contractor so they called me.- smutlydog
- Post #10
- Forum: Debt Collections
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Contractor signed on my LLC's behalf
2 payments came in that the contractor reimbursed me for. He reimbursed me because I wasn't on board with the decision to spend money on that. At some point later he asked me to change my card and said he would deal with the company later. I t6old him it was a scam. Now he knows.- smutlydog
- Post #5
- Forum: Debt Collections
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Contractor signed on my LLC's behalf
- smutlydog
- Post #3
- Forum: Debt Collections
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Contractor signed on my LLC's behalf
Texas I am a home builder and have no one else listed in the LLC documents. The most important contractor who handles managing all the crews uses one of my credit cards. He has been using the card for 3 years now. Six months ago he let a magazine company talk him into a year contract for...- smutlydog
- Thread
- Replies: 26
- Forum: Debt Collections
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