Quote:
Originally posted by baltassoc
Of course, there is a good chance that even if out get out now you will be sued by the former owners. Sorry, man. That sucks. Best of luck.
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You didn't mention whether you had released your contingencies, Str8. These obviously provide an elegant way to get out and get your deposit back. But you're probably smart enough to know that, so you wouldn't have posted if it were a possibility.
I wouldn't fear being sued by the former owners if you never take title. Don't interpret balt's post to mean that it's a wash and you'll get sued either way. It's not a wash. Whatever you do, GET OUT. I cannot believe that a RE agent would let a transaction get this far and then say, "BTW, there's this little cloud over title . . . ." Unfuckingbelievable what RE agents do. Em probably thought the demurrer would be granted and you'd never be the wiser. If RE agents were lawyers, they'd get disbarred twice every day before breakfast.
Whatever you do, DO NOT go to your agent for advice on this. Em has every reason to assure you that the lawsuit is a cakewalk and you should go through with the sale. RE agents do not make money by protecting your interests, or telling the truth.
