Please help me
I am currently work with an agent to purchase a home which I will use all my saving to buy this home.
i make a deposite check to escrow 3000 now it is in broker trust acct. some how i got an offer and under processing of paperwork. I just received a sign disclosure from the bank and they gave me 5 days of contingency period. they just start to open escrow days. My concern is that. I went to the city and found out that the house which i want to buy has a no permit on one of the addtional room. I worry that in the future the city want me to demolished it. because it is a BUY AS IS. I don?t want to spent extra on other cost. Therefore i want to cancell this purchase. I talk with my agent he pursade me not to give up and that i should think about it. Well, i make up mind not to take this home. he told me if i want to cancell i have to sign a CONTRACT with him that i would not use other agent accept him. Which i think it is non sencse. To be honest he is not trust worhty and sneaky and that he is giving me a run around at the begining of the process until now, I don?t like his service,. Now that he is not willing to help me cancell this home unless i agree to stuck with him forever. that is illegal that he force me to do this. I will lost my deposit
I feel he care about making his commission more than protect my money.
Can some one help me advise what i should do. I need the answer .
thank you
[ Edited: 15 November 2008 11:15 AM by happy ]
I am currently work with an agent to purchase a home which I will use all my saving to buy this home.
i make a deposite check to escrow 3000 now it is in broker trust acct. some how i got an offer and under processing of paperwork. I just received a sign disclosure from the bank and they gave me 5 days of contingency period. they just start to open escrow days. My concern is that. I went to the city and found out that the house which i want to buy has a no permit on one of the addtional room. I worry that in the future the city want me to demolished it. because it is a BUY AS IS. I don?t want to spent extra on other cost. Therefore i want to cancell this purchase. I talk with my agent he pursade me not to give up and that i should think about it. Well, i make up mind not to take this home. he told me if i want to cancell i have to sign a CONTRACT with him that i would not use other agent accept him. Which i think it is non sencse. To be honest he is not trust worhty and sneaky and that he is giving me a run around at the begining of the process until now, I don?t like his service,. Now that he is not willing to help me cancell this home unless i agree to stuck with him forever. that is illegal that he force me to do this. I will lost my deposit
I feel he care about making his commission more than protect my money.
Can some one help me advise what i should do. I need the answer .
thank you
[ Edited: 15 November 2008 11:15 AM by happy ]
