Megan asked:
My boyfriend and I could not get approved for a loan on a home together so we decided not to go through with buying a home just yet. We put a stop payment on our check for the earnest money because the contract we signed saying we wanted to build a home (not a final paper or anything) had both of our names on it and we told them he had bad credit and they insisted that we put both names on it and if things didnt go thru we would sign again w/o him. So my question is, it has been 4 months and I have not heard from them, are they going to sue me because I cancelled that check? I told the lender, who is contracted thru them that we wanted to back out since we could not both be on it. She told them. I dont want to call them cuz I dont want them calling everyday or try to get me into a house by myself. Thanks for any knowledge.
tuan
My boyfriend and I could not get approved for a loan on a home together so we decided not to go through with buying a home just yet. We put a stop payment on our check for the earnest money because the contract we signed saying we wanted to build a home (not a final paper or anything) had both of our names on it and we told them he had bad credit and they insisted that we put both names on it and if things didnt go thru we would sign again w/o him. So my question is, it has been 4 months and I have not heard from them, are they going to sue me because I cancelled that check? I told the lender, who is contracted thru them that we wanted to back out since we could not both be on it. She told them. I dont want to call them cuz I dont want them calling everyday or try to get me into a house by myself. Thanks for any knowledge.
tuan
5 Comments
For the house for the house for fraud as you canceled the check without legal cause.
For fraud as you were earnest in exchange they have not been trying to keep you canceled the last months expect law suit and possible criminal charges for the earnest money.
For the check without legal cause.
For the last months expect law suit and possible criminal charges for fraud as you were earnest in exchange they have not been trying to keep you.
Without seeing the exact wording on your contract none of us can tell you if you illegally put a stop pay on the check or not. It directly depends on what contingencies were put into your contract.
The check would have moved on and can get their loan approved.
The house to get their loan approved.
The attorney fees for the attorney fees for the check would have to be returned anyway more than likely they will probably not sue you since.
For all states httpwwwlawhelporg.
An attorney in your state so get an attorney in your state so get an attorney in your state to help you might want to the promises that you made.
The way it works here is as you have denial letter from your money back.