Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Zaren Basanow
  • Forked River, NJ
0
Votes |
1
Posts

Realtor screwed up my HUD deal

Zaren Basanow
  • Forked River, NJ
Posted

I found a HUD home in NJ open for owner occupants bid. Realtor broker for me submitted bid and was accepted by HUD. Wrote check to realtor company, signed all papers. Asking for 20day close. Realtor broker just called and said I lost the house because HUD did not receive the certified check in time.

I signed contract and wrote the check the same day by bid was accepted. My realtor must have forgotten or waited too long to send check.  Now home went to backup bidder. 

Question is... Do I have any recourse? Or am I just out? Can my realtor be held responsible or sued? Not looking for money, just wanted this house. 

Most Popular Reply

User Stats

2,518
Posts
1,277
Votes
Matt M.
  • Realtor
  • Denver, CO
1,277
Votes |
2,518
Posts
Matt M.
  • Realtor
  • Denver, CO
Replied

You are out. Move on. Get a different Realtor. Is it really worth any head aches?

Like I tell myself, my wife, and my clients: There is ALWAYS another house, deal, etc.

Loading replies...