Harrassment due to delayed close - Posted by LISA

import · May 2, 2006, 9:35am

Posted by LISA on May 02, 2006 at 19:26:45:

THANKS DEALMAKER…MY THOUGHTS EXACTLY! UNFORTUNATELY, WE BOTH KNOW HOW LOW SOME FOLKS WILL STOOP TO TAKE UNFAIR ADVANTAGE OF AN UNAVOIDABLE SITUATION…THANKS AGAIN!

import · May 2, 2006, 9:35am

Posted by LISA on May 02, 2006 at 09:35:58:

If a lender assures a close date and fails to have the documentation ready to close on that date, can the purchaser be held liable for costs incurred to the seller due to delay in close? Purchase contract clearly states “on or about” as related to closing date. How should the purchaser respond to a threatening letter from the seller a month after close demanding reimbursement?

import · May 3, 2006, 9:04am

Re: Harrassment due to delayed close - Posted by River City

Posted by River City on May 03, 2006 at 09:04:39:

If the closing has already taken place, I would say Dealmaker is right. All monies should have been settled at the closing table.

import · May 2, 2006, 4:27pm

Re: Harrassment due to delayed close - Posted by dealmaker

Posted by dealmaker on May 02, 2006 at 16:27:42:

If I’m reading correctly the seller is coming back a month AFTER closing, with his hand out! I’d give that letter about as much attention as I do the letters from “displaced” Nigerian Oil Ministers who are looking to “launder” a few million through my bank account.

dealmaker