Saturday, May 24, 2014

Strange dealings with real estate agent?

Ok, so 3 months ago we found a house we liked, contacted the agent listing it, he showed it to us. While he was showing it, he told us that the owner had bought another house about an hour away closer to his work, and was only living there on weekends. He then recommended us to the USDA Rural Development loans, which take FOREVER!

We made an offer on the house, it was accepted, set a 60 day close. And the contract said the realtor was acting as a buyers agent.

Well due to understaffing at the USDA, they missed our closing date, and at first the seller was fine with it but now two weeks out he is supposedly freaking out. And the realtor has a totally different story.

The realtor claims that the seller has been delaying on closing on a new house closer to work that he was trying to buy, and has been living in a hotel ever since our initial closing date, and wants compensated for $4000 worth of hotel expenses. When we asked why he didn't just stay in the house since he was told before the closing was delayed, he supposedly said because he was working where he was moving. We are paying utilities and insurance on the new house (the realtor told us to go ahead and switch them over) So this contradicts what we were told about the other house. We ran a background check and he indeed owns another house, and a little more digging found that him and the agent are facebook friends.

We have evidence this is BS, so what do we do now? Financing is good and closing next week.

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