Rental Property Investor · Phoenix, AZ · Member since 2016 · 94 posts · 13 votes
Hello,
Curious as we had deal in place with this company/people from NY back in July. They literally dragged it out till October, missed closing three times, out of contract, went quiet for two months (after repeated attempts and telling them we are moving on) and now they show back up out of the blue trying to force us to sell the real estate or try to hold up the deal that IS in progress with someone else. They are 100% out of contract. So with that being said, curious to see if anyone knows Joel Werzberger, A1 Equities, Samuel Lowinger (lawyer), Mark Nussbaum (lawyer), and they are only using their title company Riverside Abstract.
Lender · Boca Raton, FL · Member since 2014 · 1k+ posts · 957 votes
4y
@Christian Beebe, never heard of them, but Riverside Abstract is a legit title company. Did you send them proper notification of the cancellation of the contract? I know a few litigation attorneys that may be able to help if you need some assistance.
@Christian Beebe, never heard of them, but Riverside Abstract is a legit title company. Did you send them proper notification of the cancellation of the contract? I know a few litigation attorneys that may be able to help if you need some assistance.
@Scott Wolf, appreciate this. Yes, sent cancellation of the contract to Riverside BUT the previous buyer is claiming "breach of contract" with no legal basis at all, I mean none. They disappear for months and then show back up a WEEK before we are closing with another buyer, out of NY, to claim they still have rights and the contract is still open. They are threatening to file something to try and block the sale, again with ZERO and I mean ZERO legal basis. Evidently they and others out of NY, have been doing this alot, essentially blackmailing sellers to give them some money or something else for them NOT to file. It's a poker game to them and see how far the sellers will go before giving up. Our lawyer in Ohio has seen them do this THREE times so far to other sellers. So if you have ANY contacts in this regards in the NY area or anyone who can make this problem go away very quickly, please let me know.