coop land lease/deposit
Started by NYREGUY
over 12 years ago
Posts: 12
Member since: Dec 2013
Discussion about
So 10 days ago I brought a check for 10% and signed the contract to purchase a COOP. A week went by and I noticed the funds still hadn't been taken out of my account. I called lawyer and was advised seller wants to keep her two expensive lighting fixtures. She made me go back and fourth negotiating the situation not trying to replace them on her dime. In the mean time I looked at the "minutes".... [more]
So 10 days ago I brought a check for 10% and signed the contract to purchase a COOP. A week went by and I noticed the funds still hadn't been taken out of my account. I called lawyer and was advised seller wants to keep her two expensive lighting fixtures. She made me go back and fourth negotiating the situation not trying to replace them on her dime. In the mean time I looked at the "minutes". Found out that RE agent lied to me about other potential buyers who backed out because of LAND LEASE. But she had told me it was for other reasons. Between everything and the fact that it has been 2 weeks and I wasn't able to lock in a mortgage rate. They have since went up a bit. Can I remove the funds from the account since she still hasn't gotten my deposit and back out that way? Thank you for any advice! [less]