Can I Sue a dune for mortgage loan?
I have a mortgage loan and the bank be supposed to pay the builder or owner on a monthly baises and pay the ending installment when I recived the building. Although I expressed my self on the phone and on an email that I need to make sure that the ultimate payment should not be paid untill I offically recive the apartment. The wall whent on and payed the last payment and and the turning over was supposed to be in December 08 I enjoy still not recived my apartment?
Can I sue?
Answers:
Suing them successfully would be like shoving a pound of butter up a bobcat's *** with a red-hot poker, but you sure are generosity to try!
It sounds like more information is needed here. If this is a condo that the entire building or complex is still being built consequently you need to go subsidise and look at your building contract. If there is a deadline for delivery contained by the building contract, then if anything it sounds like you should be suing the builder.
There wouldn't be any angelic reason to sue the bank who compensated the mortgage payments and happened to pay rotten the building before it was complete. They're not the one's keeping you out of your trial place. In fact, I'd say moderately the opposite, they kept their side and put up the money, albeit a bit too early.
Now technically if your contract say they're supposed to wait until after you've delivered, later yes you CAN sue for breach of contract, however I don't think you can possibly afford the ARMY of lawyers to fracas against those that the bank will hire.
Good luck, I hope you get your place ASAP! Source(s): Mortgage Industry, Banking
ok. that's good model. i wanna hear people start sue the banks who feat like apes.
but i think u hold to check u transaction. make sure u r right and appoint a good and trusted advocate because lawyer also is just approaching paria ape.
and you must remember, bank does transaction based on instruction in general the lawyer. may be the documentation are all okay and no dubious. so they proceed the gift.
so make sure you have ground man!
What do your signed loan documents or anything else within writing from the bank say more or less payment schedule or conditions of any payments? You cannot rely on phone call or e-mail to change terms (e-mail is insecure and too slickly forged).
Sue whoever you contracted with for the building for specific performance if they breached the contract you have with them.
Your phone conversations and emails do not mean squat. You could have told them any piece you wanted, that does not make it justifiably binding. All that matters is the mortgage contract.
I have built houses since, a typical construction loan has a set schedule and it does not include waiting 6 months (I am assuming hte 08 is a typo). You hold 30 days to refi after your property has been completed. When you receive key is not relevant, all that really matters is when construction ends.
If the property is complete it is 100% appropriate for the contractor to be salaried.
you can sue anyone for anything. The give somebody the third degree is: can you win.
You need to talk beside a lawyer today.
There are a lot of question I have on your post. I really don't understand the situation. It sounds odd.
Phone routine NOTHING and an email is probably just as unreliable. This agreement should have be in the contracts you signed. You would lose in a suit after plentiful thousands later.
There are MANY differing issues here is here a time specific for handing you the keys IN THE CONTRACT, hold there been exception weather conditions, does THE CONTRACT discuss issues such as penalty to th builder per day if delays exist? Basically read THE CONTRACT afterwards seek the services of the Atty I am betting you did not consult before entering into this contract.
Oh and you can sue anyone, at any time for anything but the problem is can you win and barring this mortal a part of your contract I do not think you hold a case against the bank but the builder is a different story so dance let a good Real Estate Attorney look at the CONTRACT.
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Can I sue?
Answers:
Suing them successfully would be like shoving a pound of butter up a bobcat's *** with a red-hot poker, but you sure are generosity to try!
It sounds like more information is needed here. If this is a condo that the entire building or complex is still being built consequently you need to go subsidise and look at your building contract. If there is a deadline for delivery contained by the building contract, then if anything it sounds like you should be suing the builder.
There wouldn't be any angelic reason to sue the bank who compensated the mortgage payments and happened to pay rotten the building before it was complete. They're not the one's keeping you out of your trial place. In fact, I'd say moderately the opposite, they kept their side and put up the money, albeit a bit too early.
Now technically if your contract say they're supposed to wait until after you've delivered, later yes you CAN sue for breach of contract, however I don't think you can possibly afford the ARMY of lawyers to fracas against those that the bank will hire.
Good luck, I hope you get your place ASAP! Source(s): Mortgage Industry, Banking
ok. that's good model. i wanna hear people start sue the banks who feat like apes.
but i think u hold to check u transaction. make sure u r right and appoint a good and trusted advocate because lawyer also is just approaching paria ape.
and you must remember, bank does transaction based on instruction in general the lawyer. may be the documentation are all okay and no dubious. so they proceed the gift.
so make sure you have ground man!
What do your signed loan documents or anything else within writing from the bank say more or less payment schedule or conditions of any payments? You cannot rely on phone call or e-mail to change terms (e-mail is insecure and too slickly forged).
Sue whoever you contracted with for the building for specific performance if they breached the contract you have with them.
Your phone conversations and emails do not mean squat. You could have told them any piece you wanted, that does not make it justifiably binding. All that matters is the mortgage contract.
I have built houses since, a typical construction loan has a set schedule and it does not include waiting 6 months (I am assuming hte 08 is a typo). You hold 30 days to refi after your property has been completed. When you receive key is not relevant, all that really matters is when construction ends.
If the property is complete it is 100% appropriate for the contractor to be salaried.
you can sue anyone for anything. The give somebody the third degree is: can you win.
You need to talk beside a lawyer today.
There are a lot of question I have on your post. I really don't understand the situation. It sounds odd.
Phone routine NOTHING and an email is probably just as unreliable. This agreement should have be in the contracts you signed. You would lose in a suit after plentiful thousands later.
There are MANY differing issues here is here a time specific for handing you the keys IN THE CONTRACT, hold there been exception weather conditions, does THE CONTRACT discuss issues such as penalty to th builder per day if delays exist? Basically read THE CONTRACT afterwards seek the services of the Atty I am betting you did not consult before entering into this contract.
Oh and you can sue anyone, at any time for anything but the problem is can you win and barring this mortal a part of your contract I do not think you hold a case against the bank but the builder is a different story so dance let a good Real Estate Attorney look at the CONTRACT.
Related Questions: