Zillow Advice RSS: Question-Discussion-Guide,Home Buying,Orange Park- FL

2773 holly Bay Road Orange park Florida 32073

Thu, 18 Jun 2009 01:20:00 GMT

Hello could you please contact me about this home. I cannot find the agent listing.
Thanks!

0 replies

closing agent is late

Fri, 30 Jan 2009 21:31:00 GMT

"The closing date shall take place on or before 1/30/2009 unless the closing date is extended in writing signed by the Seller and the Purchaser or extended by the Seller under the terms of Agreement. If the closing does not occur by the date specified in this Section 2 of the Addendum, or in any extension, this Agreement is automatically terminated and the Seller shall retain any earnest money deposit as liquidated damages."

"Waiver: all rights to file and maintain an action against the seller for specific performance"

Does this mean I cannot take the seller to small claims court for breach of contract resulting in monetary loss?

The closing agent also threanted that if I walk out of the contract, I won't get my $1000 security deposit back. I see no where in the contract where it allows this.

2 replies

question about seller covering closing and downpayment cost

Wed, 31 Dec 2008 19:10:00 GMT

This is the quote I got from the seller, "$150,000 , seller to pay $9,000 towards closing costs and pre-paids."

Does that mean they'll flat out pay for the closing costs and downpayment? Or does that mean I have to finance my loan as its $159,000?

My realtor is saying that since they're paying $9,000 for the costs, then I'm really getting the house for $141,000. But a mortgage broker said that its a seller consession or something, and that it will be financed as $159,000.

3 replies