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Updated over 8 years ago,

User Stats

4
Posts
1
Votes
Pam Lee
  • Real Estate Professional
  • Charlotte, NC
1
Votes |
4
Posts

Termination Contract Question

Pam Lee
  • Real Estate Professional
  • Charlotte, NC
Posted

I signed a contract with a wholesaler to purchase a house by X date.  X date came along and I signed the paperwork and gave my money for the house.  The actual owner of the house (an estate) did not get all 15 signatures in until 2 weeks later.  Unfortunately it was after my finance person revoked the loan and took their money back because the deal was not closed by X date.

Question is, who is the termination contract between?  Me and the wholesaler?  or Me and the Estate?  I am trying to get my deposit back because the did not close by X date and the lawyer is making it very difficult.

Thanks

Pam

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