if i sign for a loan on the premises of the lender is there anyway i can cancel the loan.Agent said i cant?
474362
All refinance loans have a 3 day recission period (not counting weekends or holidays). If it was a purchase, I think you're pretty much SOL.\n If I were you, I would contact the Lender directly. The Agent wants their money and if your loan doesn't fund, they don't get paid.
488208
As an agent, my advice would be to talk to your agent and let them know that you would like to cancel your agreement- be it a listing agreement or a buyer's agency agreement.  You need to notify him/her in writing and send a copy to his/her agent as well.  If you are a seller and you are firing your listing agent, make sure you get a signed release.  Actually, I would suggest getting something in writing regardless of if it's a listing or buying agreement. Make sure you read your agreement fully before proceeding.  You can always contact another agent and ask for advice.  They cannot contact you to solicit your business but you can make the first contact and call them and then they can help you. Best wishes!
103846
they should have an option on the website to cancel.  or look under contact information and email/call and they will tell you how to do it.
662555
Contact your real estate broker, they're usually experienced with things like this.\n\nMy understanding is that usually there's a clause in the selling agreement that if the buying party can not full fill the payment required the transaction may be canceled.
339663
As long as you are genuinely seeking to start your search over, and not purchase a home the agent has brought to your attention it should not be an issue.\n\nA simple written request will satisfy the termination clause in the Exclusive Buyer Brokerage agreement, used in the State of Florida, that I use with my clients.\n\nYour state may be different, and you may want to speak with an attorney.\n\nHowever, as a Realtor, I would much rather be told that a client wants a change. This frees up time for other clients, with whom I may have a better relationship.
32251
Yes there is a way... BUT it won't be easy and it will come at a price. Be VERY VERY careful about going with subprime lenders for they will charge you an outragous interest rate and a high closing cost. \n\nIt is best to try and work on your credit first then try and refinance.
1072002
It depends on where you are and your credit score.  I signed a borrower who had just gone BK and was getting a loan within couple of months (I’m a signing agent notary public in CA).\n\nOther options would be to try to find a property with owner financing.
923053
Unfortunately, you chose a house too small for your needs.Your mis-judgement is not a reason to void a contract. If it could be cancelled for any little reason the there would be no reason for the earnest money in the first place. The amount you put down is an indication of what you are willing to risk if the deal falls apart.\nIf you could not get financing or if the buuilding failed inspection then you could get a refund. \nWhere is your Buyer Agent in all this?
1051949
This is odd because the Title Insurance company should have known about any lien on the house and informed you when you signed the loan papers.  Anyway, it seems the seller wasn't truthful with you.  Any recourse?  Get a lawyer and find out.
487244
You may need to talk to your lender who is carrying the note. They may refinance the loan into a no prepayment. Also if the loan has a soft prepayment you can sell the home.
882433
Once a contract is signed,its legal bidding(subject to clause of the contract)read your contract carefully and you will know.\nIf the contract doesn't state clearly,well you can contest it.(most loan companies will get a lawyer to draft the a standard contract to their benefit,unless they are new or they didn't foresees it or this broker is new)\n\nIf you think the broker is doing as a "good faith situation" than dont penalize him,he may lose his job.
668862
Probably not, they are probably trying to scare you, but probably won't sue you.  If this were to go to court the realtors are the professionals and you can easily paint yourselves as being taken advantage of.  No realtor wants that, so they will almost never sue you (they may sue each other for how the commission is split after a sale but I've never seen one sue over a contract that wasn't even accepted).\n\nAs to the legal issue, you have an agreement with your realtor.  If your realtor found a "ready, willing and able" buyer, and the buyer gave you a full price offer with no contingencies and has excellent credit (ie no chance they will pull out of the deal) and gave you a reasonable downpayment; then YOUR realtor is due their commission EVEN IF YOU REFUSE THE OFFER (thats almost certainly the agreement you signed with them - check the agreement to make sure).  \n\nTypically the other realtor gets their commission from your realtor (ie you pay your realtor 6% and the other realtor gets half or 3% of that commission).  This transaction is done at the closing table so it looks like you are paying both realtors yourself, but actually you are paying your realtor and they are forwarding an agreed amount to the other realtor.  Thus, the realtor would sue your realtor, not you (but your realtor could in turn sue you if they thought the commission was due).  So, in a round about way the other realtor could sue over this, and the lawsuit could come around to you, its rare but it is possible.\n\nHowever, going back to the 2nd paragraph, the offer has have absolutely no contingencies, be full price, and be from someone with perfect credit and a reasonable downpayment.  Offers never are written with no contingencies, usually are not full price (though you did say this one was full price), and the buyers often don't have excellent credit or a reasonable downpayment (admittedly these last 2 conditions are subjective - may need to check with a local lawyer on exactly how these are defined in your jurisdiction).  Thus, you can almost certainly refuse the offer with no fear of reprisal.  \n\nIf the contract has any contingencies, just tell your realtor to tell the other realtor you refuse to accept a contract with any contingencies, and now the property is off the market.  Again, this contract does need a contingency for this to work, but virtually every contract has a contingency.  Again, even if this contract didn't have any contingencies and met all the other conditions, I still doubt the realtor would sue, but they could.\n\nFor more info I'd consult a lawyer as things could be different where you live, but this really sounds to me like a realtor just being a jerk.  Good luck.
774764
Daizy, \nIt looks to me that what you're saying is this...\n... you refinanced your house and had been given a good faith estimate that at first looked ok to you.  Around closing time, the payment was much higher than you expected.  Probably the interest rate was higher than what the loan officer first calculated.  To get the payment to a point that would "satisfy" you at the closing table, the loan officer reduced the escrow account significantly - resulting in your current shortage.\n\nIf that's it, the words you're looking for are "PREDATORY LENDING".  Contact your state's agency that regulates lenders.  If you're in Texas, call 1-877-276-5550 to file a complaint.  The FBI is also getting after these people.  Call their local office. \n\nI'm proud of you for trying to find the solution to this problem.  Don't give up.\n\nRichard
1056913
You can easily terminate the agreement.  Check your contract for your liability for any expenses though.  But, after a week, the realtor probably hasn't done much more than put a sign in your yard and listed it in the MLS.  Hopefully he's not a short-sighted realtor, shouln't charge you a dime especially because your circumstances have changed.  Now, if you were switching to another realtor........that's a whole 'nother story.
1031949
No, you can't The house sale is usually contingent on appraisal and loan approval. That means you can decide not to go through with the purchase. If you read the loan application, I'm sure there is something that says they aren't going to lend you if there is something they don't like about the house such as termite, roof leak, etc. Your other option is to ask the seller to repair them.
478396
Yes you can move, absolutely.  Your lender will NEVER come and knock on your door to make sure you are still living there. You can even have your loan statements sent to an "alternate address." If you want to be completely sure and honest, ask your lender, they won't change the conditions of your loan just because you ask questions.
1095853
Part of the trouble could be did the real estate agent just toss a sign in front or is the agent actually showing the home.\nIf the sign or a few listings on the internet is all he is doing than change agents when you legally can or tell this agent to start marketing your home the way he should be - after all the more he shows it the better your chance is.\nNow, if he is showing it - what are the buyers like. Is he getting anyone to fill out a mortgage application, are the prospective buyers credit worthless?\nIf the buyers are decent credit wise and they want to buy the house maybe the problem falls with the mortgage broker. Being in the mortgage business I can tell you that the mortgage application of your buyer is only as good as the broker is submitting it - if he doesn't want  to work and sell the application to underwriting it just will not work.