HUB..Breached Contract - Posted by Nick_AL

Posted by dewCO on November 13, 2000 at 23:22:12:

Yes, talk to your Congressman but I’d try going up the chain of “command” IF you have evidence that they did offer to pay all costs.

HUB…Breached Contract - Posted by Nick_AL

Posted by Nick_AL on November 13, 2000 at 08:11:46:

Thanks for your support:

I recently made and had excepted an offer for HUD property. Yesterday my realtor called and said that the HUD closing attorney informed her that HUD has changed their policy about that amount of closing they will pay. Of course my offer to them was contingent upon them paying all closing cost now it seems that the change to their policy could cost me $1600. My response to the agent was “well we just wont close with those terms”, then she informed that HUD that stated that they will keep my earnest money if I don’t close because “THEY” breached the contract. Additionally, it seems that we cannot go to STATE small claims court to recover the money because HUD is FEDERAL and any suit against them must be filed in a FEDERAL court.

Has anyone else had this experience and if so how was it resolved!