All Forum Posts by: Patrick Meade

Ok there seems to be some confusion so I will attempt to just point out the facts. 

 Signed contract January 2018, with contingency that if the job offer and relocation was declined I could cancel without penalty.

 February I called to tell him I didnt get the job to drop Contract. 

 I still work for the same company as I did when I signed the contract and have no plans to leave. 

 I still live in the home in dispute and I’m only selling now because I’m staying in Houston and want to upgrade. 

 The buyers are husband and wife who own an investment llc. The husband is unlicensed the wife is a licensed agent not broker so the contract actually has the name of the company which employs her on it, listed at the bottom. 

 The contract states the buyer is an agent and has more than 10% interest. 

 The only one on contract is myself and the investment llc, the wife wrote the sales contract. 

 The memo is from the llc, but signed by the husband and notarized by the wife. 

 The contract contingency was met, in February 2018 by me not getting the job offer and relocation and states if that is met I would be able to cancel the contract free of penalty. He text me wanting 3400 dollars. 

Refuses to release even after 1 year and multiple requests with contingency in place and met. 

Doesn’t the contingency void the contract? And isn’t the memo void too since the thing was notarized by the wife who was on the actual contract and mentioned she owns more that 10% interest in the company?

It’s also been over a year since the house went under contract with him. I called to tell him the bad news at the end of February 2018. The contract originally had a close date of 1/3 which was the same day we signed the contract. So he emailed and said “oh, I just noticed I set the close date as 1/3, I’ll change it to TBD since you don’t know when you will get the job offer. 

I’ve never left Texas, I still live in the home and work at the same company I did when we went under contract. I’m just looking to upgrade my life with a house that’s in a better neighborhood and has a mother n law suite for my dad so he can come live with me during the cold Colorado winters.

Not sure where to start.. I guess I’ll start by staying this happened in Texas, and my family lives in Colorado. 

 I was transferred to Texas for work on a two year contract leaving behind my family to persue my career with just my wife and my two dogs. We bought a house and I started work, around mid contract I lost my grandmother and a few months later my grandfather and wow, was that tough being so far from home. It wasn’t until my father got sick did I really just want to drop it all to get home. But around the end of my contract I got a contacted via LinkedIn from one of my former bosses asking if I’d like to come back to Colorado he may have a job for me. Over the course of a few months things intensified and things got promising even had an interview and the messages that followed sounded like I was moving back!! 

 I had to sell the house quickly so I could be ready to go should the offer come through so I called an investor. I just wanted what I owed around 15% less than market and he made the offer. We signed a contract with the following contingentcy, “this contract is contingent on confirmed or written notice of sellers job transfer and move to Denver Colorado, if job transfer and move to Denver Colorado is declined seller has the option to terminate contract free of penalty “. We signed the contract January 9th 2018 and we started packing. Well, to say I was let down when I got the news I didn’t get the job would be a HUGE understatement. So feeling defeated I called the investor and apologized and told him the news and he said it’s fine it happens all the time and not to worry he would handle the house part. This was In February 2018. 

 I flew my father to Texas and he did what most dads do, picked me up and showed me what I was doing this for and said work hard and go places! So I bucked down for the next year I worked hard, lots of overtime and just plain busted my butt got a promotion and im set for another this April things are looking really good for me. I love the company I work for and.. Texas has grown on me too! I love it here and as long as I can get home at least once a year I’m doing great. 

 So with the new promotion and the next one right around the corner I decided it’s time to upgrade my home! I listed it and within 2 days got an offer for 2 grand more than asking price!! I was so excited, spent hours looking for my next home and thinking about how much my life would improve, even found a house with a mother n law suite for dad haha!! It was perfect!!!! 

 Then the news from the title company came. I had a cloud on my title.. I asked what needed to be done to move forward and they said not to worry just call the investor he probably just forgot to remove it. I called the title company that opened the title and they said it was still open however no money had ever made it, no escrow either, but escrow wasn’t even in the contract. 

 So I called the investor, I said hey buddy long time, how have you been. He seemed nervous and I was confused as to why. I said hey remember the deal we made? I think you forgot to close something I’m having a hard time with my title now. He said, are you selling it? I said, YES!! got an amazing deal going to look at new houses tonight with my agent. He said, I’m still willing to buy it, I said, well it just went under contract a few days ago just need you to sign some kind of release. He said.. I’m not signing anything you have to sell to me.. or sue me and hung up. I texted him later that evening and asked if he would please just sign the memo or I’d be forced to get an attorney. He replied,  I will release the title when he’s paid $3462.40.. 

 I started looking through all my contracts and got a copy of the thing that was messing with my title and here’s what I noticed. 

 He, is unlicensed, his wife is licensed. They own an llc and run their deals through it. He sets them up she signs the contracts leaving him completely off of them. But the notarized memorandum of contract is signed by him and is notarized by her.. on the contract it says “principal of buyer is a licensed real estate agent “. 

Is this notary fraud? Also, why would he choose to not close the contract after being told I didn’t get the job and wasn’t relocating? Wouldn’t my contingency kick it? Why do I feel this is a fraudulent deal?