Still working to pay off some of this debt ANNND to top things off we finished by the deadline but the contractor who bailed is now claiming we owe him thousands of dollars so we have to go through arbitration.

Is there any benefit to using an arbitrator for this situation?

The arbitrators always seem to rule in favor of the credit challenged, and i am the predator.

Yes.Is it possible to fight an HOA and win without ending up in court or arbitration?

I did have a few sleepless nights during the 4 day arbitration, as if they got only $10k or so of the bogus counter claims to stick, I would have been awarded only about half of my initial claim, and here that wouldn't meet the standard for "prevailing" so I wouldn't have been awarded the attorney fees.

However, there is one clause in the contract agreement that I'm not sure about.It says:"If any action is commenced at law, equity or through arbitration (including an action for declaratory relief) to enforce or interpret the provisions of this agreement.

The most relevant changes are:• Requires every lender to consider the borrower’s ability to repay the loan• Requires that lenders consider at least 8 factors applied against reasonable underwriting guidelines• The Lender must write a “qualified loan”• Requires lenders to wait at least 120 days of delinquency before foreclosing• Dodd-Frank combined with the SAFE Act in the various states, will require all owner finance transactions (except the exceptions) to be originated by a Residential Mortgage Loan Originator • Prohibits builders from selling with owner financing• Eliminates balloons and negative amortizing loans and requires fixed rates for 5 years with no prepayment penalties• Sellers who sell with owner financing more than 3 times a year will become mortgage originators and must comply with Dodd-Frank• No forced arbitration clause is allowed in the buyer’s note III.

While a servicer is not an arbitrator they can determine the legal obligations of the parties an guide the parties to a resolution.

If it's forced to go to arbitration or in front of a judge, wouldn't the seller end up being awarded the money?

I am just telling you that you will have a hard time convincing a judge that you were financially harmed as a result of this 2-3 day period before providing the Buyer the required disclosures related to the property.Additionally, you may have a required arbitration clause in your contract that would eliminate your ability to go to court first.Instead of focusing on a long shot, why don't you have your Realtor go back to the other 2 offers and see if they want to resubmit.