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Updated about 2 years ago on . Most recent reply presented by

Joe Zarate's profile image
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Joe Zarate
  • Flipper/Rehabber
  • from Houston, TX
  • Member since Dec 26, 2019
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Joe Zarate's profile image
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Joe Zarate
  • Flipper/Rehabber
  • from Houston, TX
  • Member since Dec 26, 2019
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Joe Zarate
  • Flipper/Rehabber
  • Houston, TX
3
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11
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Tax, SDIRAs & Cost Segregation

Seller not able to close

Joe Zarate
  • Flipper/Rehabber
  • Houston, TX
Posted

Hey everyone, I was suppose to close on a property last week. Turns out the sellers children are disputing the power of attorney and we just found out they’re is a lawsuit from one of the children wanting a piece of sale( I don’t have all the details) What can I do if the seller is not able to close before my rate expires? Can I request a discount and ask them to pay for my rate lock to be extended? Are they liable for anything?

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Russell Brazil
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ModeratorReplied

You can ask. The answer is going to be no. 

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