In march I sent an offer to an attorney representing aan owner on a property in Los Angeles and he wanted $ 50K for the sale. We agreed but said it had to be on the HUD and never heard from him…Continue
The seller lives in NY and was being represented by a NY attorney but the property was in LA, not listed and not on the MLS which is suspect.
My client's cash offer was submitted to the attorney with instructions that they would pay $50k over any other offer. We agreed to pay the attorney fee if it was disclosed on the HUD. The buyer disclosed to nieghbors that he purchased the property with a loan and paid the $50k to the attorney for $425k.
The attorney had a duty to present…Continue