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Updated about 12 years ago,

User Stats

136
Posts
5
Votes
Mike Nelson
  • Investor
  • Miami, FL
5
Votes |
136
Posts

How to deal with title issue after offer acceptance....

Mike Nelson
  • Investor
  • Miami, FL
Posted

When you get your offer accepted on a property, and you offered with no inspection contigency, and the contract states "Seller to deliver clear title" but a title issue is found, say a BIG issue, other than trying to negotiate and going back and forth blah blah etc. is there any recourse for the buyer? and if EMD is put into escrow and this is discovered afterwards what are some ways of getting out? This is the part I am fuzzy about trying to move forward and do my second deal. Thanks guys!

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