Is it possible to sue if?

Is it possible to sue if?

Member since 2020 · 24 posts · 6 votes

More recently I had a great deal... it would've been my first. Had it all under contract and was only waiting on the appraiser report from someone that was through the lender (should have been a independent person). This appraiser goes MIA for a week (the weekend we were supposed to close and contract was up) wasn't answering phone calls, texts, emails, etc. Few days later, seller says he isn't extending and that the price is increasing (30K higher). Yeah I messed up on that deal... I was slow to give documentation and just always thought "he'd extend". Unfortunately he didn't but something was very fishy about the situation. I'm lead to believe the seller and that appraiser should've had no contract with regards to what it ended up appraising at... if I suspect something was up? Should I get a lawyer involved? Think it's worth to purse? 

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  • Flipper/Rehabber · Phoenix Arizona · Member since 2020 · 1k+ posts · 686 votes
    5y

    No case, an attorney will take your money and you have no case!

    No, move on and put your efforts elsewhere.

    Lesson learned!!

    Communication and extensions!!!!!

  • Russell BrazilBusiness Member
    Moderator
    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    5y

    Sue for what exactly? You are the one in default of the contract. They could sue you. 

  • Member since 2020 · 24 posts · 6 votes
    5y

    I was thinking because the seller was in communication with the appraiser. We were waiting on the report to come back from him... he fell off the planet essentially and didn't answer any form of communication. My guess is seller told him to go cold turkey and avoid getting the report for me/the lender?

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