Quote:
No, actually it isn't. All things of public record do not have to be researched by the realtor, but the buyer. You can make a contract contingent on being able to have chickens, yes, however, it is
still up to the buyer to find out if that is the case. The OP did not say she made the written contract contingent on that fact.
Interesting! And good to know! Greyeyes is going through this now(you know her big thread?).. and she said something about it was in her contract..Something about the sale being contingent on chickens being allowed.. etc..
So hopefully she'll be covered??
Wheres she at?
Yes, i gathered from the OP's post that she didnt make the contract contingent on being allowed farm animals...
Thats too bad. *sigh*
When selling my MIL's home after her death we had a "good faith" clause written into the agreement, stating htat the purchasers would make a good faith effort to get a loan. They and their realtor started hasseling us to provide a 5 year 2nd mortgage, but that it would be paid off in a year, but that their potential lendor was unwilling to agree to a 1 year 2nd mortgage. Closing dragged and dragged, over the expected 30 days. Finally, when we discovered that the reason that "they would be able to pay off the 2nd mortgage in a year" was that they expected to win a settlement over a lawsuit. REALLY?! They also took property (furniture) from the storage room at MIL's home, expecting that it would be theirs. THere was nothing in the contract giving them any furnishings. The realtor told them it was OK. We gave him a tongue lashing and told him to "GET IT BACK!" Should have fired him on the spot--or at least as soon as it was returned.
Anyways once we realized why they could not get the loan, we cancelled the sale and requested to keep the ernest money. In our minds they knew they had no chance for a loan and were playing us along, trying to finagle us into giving them a 2nd mortgage that they could not afford. They did not make a good faith effort to secure a loan. The escrow complany, unfortunately did not agree with us and they got their money back evn though the property was off the market for two months.