This makes no sense. I have never received keys as the buyer until funding has been completed. Just bought a place and had to wait an extra day for keys because funding was delayed from my end.

I hope you get some answers this week. And some money.

What title company handled the closing?

Any new updates ? So sorry .....

Was this resolved? Did you get your money?

Hawg is a lawyer right? I hope this is not litigious radio silence.

Poor ol dame.

Something isn't adding up on this transaction/closing. Why weren't the funds confirmed before finishing the closing? Why did title company hand off the executed deeds and closing documents prior to having the funds on hand? If you didn't receive the funds, what is the consideration for the transaction? I would demand answers asap.

this would never happen if the seller didn't give keys prior to funding

Common practice to leave keys with the title company and the keys aren't given to the Buyer until the deal is confirmed as funded.

It's weird Hawg hasn't come back with an update. She's active on the Politics board.

I'm just hoping it was some misunderstanding

Tuned out it was the bank's fault they didn't fund. Wells Fargo. They finally funded late Monday morning. I raised hell with them for that.

Reason I left Chase bank was because they refused to credit an on us* check from an attorney's IOLTA account for ten business days because they thought I might be a drug dealer with that large of a deposit. Had $750,000 with them at the time. Caused quite a scene actually back then.

Things got a bit complicated when the buyers changed the locks before it closed, much less funded and we still had to get the boat out, which The Hubs did a few days later, after a weather caused delay.

Everything the buyers said they had lined up to go with their "repairs" have not happened yet. Dock is still there, no sign of any workers anywhere.

Sorry for our neighbors, who are good people who will help each other out like we have done for each other as needed for 24 years. New buyers have zero goodwill nor apparently even the ability to mow the lawn. LOL.

They got a solid great lakehouse.

*Under Article IV UCC, banks presented with an "on us" deposit means they are both the issuing and depositary bank. Midnight deadline for those.

Sooo…

It's obvious that you didn't have a good realtor, or you wouldn't have had to run to TexAgs to get answers on everything related to that transaction (on you for making that choice).

But you also still had a boat sitting on the property after the alleged botched closing?

This all looks like emotional overreacting, without having the right professionals involved, and some mess on your part too, that was not disclosed.

Who cares if they have started repairs yet, or mowed the lawn for that matter? It is a business transaction, they have a house, you have money. Don't let emotions get involved in real estate transactions nothing good will come of it.

Lot of smoke on this one....

Wouldn't an attorney be smart enough to not call out the buyer's name on an Internet forum, prior to funding? (Or afterwards).

Then continue blasting him, after the deal was complete, and she had named him publicly, for things like not mowing the grass and repairing the house? (Which are none of her business anymore).

There's some real unhinged stuff going on here.

Emotions and financial transactions are never w good mix. Feels like there is quite a bit of that here

Hardest working lawyer on TexAgs?? Weirder things have happened…just had a solar eclipse and it's election year so all bets are off…
I'm trying to not get banned

This thread is confusing. What I got is

1. Buyer got an inspection and wanted max concessions.
2. Bank didn't transfer the $$$$ which is not the buyers fault
3. Keys given to buyer by title who should not have but still not buyer fault
4. Buyer assumed things closed b/c he initiated transfer of $$ and got keys. I would assume the same.
5. He hasn't mowed the lawn. It has been a whopping week since closing and sometimes it hard to find labor to do this on short notice for a new client.
6. Dock repairs - It been 1 wk. It takes months to get any work on docks.

I am not sure what the buyer has done wrong. Its been a week, what do the neighbors expect from this guy/girl?

Don't forget that the buyer was called out by name on an Internet forum, by a supposed attorney

Who had left her boat on the property.

Totally whack.

20ag07 said:

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Don't forget that the buyer was called out by name on an Internet forum, by a supposed attorney

Who had left her boat on the property.

Totally whack.

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There has to be more to this story. Everything the buyer was accused of is something anyone reasonable would do.

I send money, got keys which equates to title telling me its completed/funded. Again, I just closed on a house and title held keys for a day b/c me bank did not fund by 5pm which to me is completely reasonable. I immediately go and change out the locks which takes 30 minutes. What are buyers supposed to do? It took me 3 weeks to get someone to cut the grass, contractors are all busy esp for new jobs.

I would been not too happy if I bought a house and someone's possessions/boat was still on the property.