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So you may or may not have had inspections on a house you definitely don't have a contract on? The agent is not forthcoming with information and at least part of what they told is incorrect (you can get your escrow back if you never had a contract). I'd say you either get some info or you get an attorney, or maybe both.
Call a lawyer immediately. I don't mean next week. Or two days from now. I mean go to one first thing in the morning.
And do yourself a favor. You need to talk with someone else before you remotely think about buying a house again. You need help in your decision making.
Totally agree.
After you hire an attorney and get yourself out of this mess, please search this forum on how to find a good buyer's agent. Lots of good advice on here, and you need help.
Neither home inspector nor the appraiser is going to refund your money. Their fees are not contingent upon the home closing. They are being paid for the work done. If they completed the home inspection and the appraisal, you can kiss that money good-bye. The most you're going to get is copies of their work.
Go get yourself some knowledge about the home buying process. Walk away from this house- you have nothing here- you're not closing on anything, you don't even have a signed offer.
Then go find a nationally known real estate office. Normally I wouldn't say that, but you don't seem to know how to pick a small, local firm. There are many of those. However, you've chosen fly by night rather than a legit firm. Go to the real estate office, talk to the broker in the office, explain what's happened to you and have them assign you a buyer's agent. Don't even think about looking at a house until that agent has schooled you on how things work. Do your own due diligence in learning the process also.
So I have been looking to buy a house and I found a realtor that has a company all in one. The realtor, the lender, the title company, inspectors, etc. etc. About a month and a half ago I signed a contract for a house with my agent and the seller has not signed it yet. The agent has my escrow as well as the money for the inspection and appraisal. I put a closing date for 06/30/2013 and want to back out. However now that I told the realtor that I want to back out of this house if there is no signed contract signed by the seller by 06/30/2013. The agent claims that I can no longer get my escrow, appraisal & inspection money back. I want to know if i can get my escrow back and if there is a way for me to know if there truly was an inspection & appraisal done on the house.
I have never heard of a realtor who was also a lender, a title company AND an inspector. Did this person also claim to be an appraiser?
Where did you find this realtor? Did you actually get inside this house, or is this some craigslist scam?
Then go find a nationally known real estate office. Normally I wouldn't say that, but you don't seem to know how to pick a small, local firm.
Not to take this thread off course but . . . why do you say this? The majority of national brands (ex. Re/Max, Prudential, Keller Williams, William Raveis, Century 21, etc, etc, etc) are indepently owned local franchises. They're just as "local" as an idependent brokerage and with the exception of having a nationally recognized logo and color scheme they operate in much the same manner as well. The big difference with a "big name" office is that there's often more formal and organized training of the agents along with well thought out marketing materials provided by the "home office."
Not to take this thread off course but . . . why do you say this? The majority of national brands (ex. Re/Max, Prudential, Keller Williams, William Raveis, Century 21, etc, etc, etc) are indepently owned local franchises. They're just as "local" as an idependent brokerage and with the exception of having a nationally recognized logo and color scheme they operate in much the same manner as well. The big difference with a "big name" office is that there's often more formal and organized training of the agents along with well thought out marketing materials provided by the "home office."
I haven't read the franchise agreements, but I suspect that any unsavory or possibly illegal behavior would put the franchise at risk...so I think the advice given was appropriate.
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