Houses in Syracuse (Riverton: sale, real estate, countertops)

[bijagirl]

Our buyers in Riverton didn't show to closing so we couldn't buy our dream house in Syracuse. I know this happened with a few of the homes with our builder so if you are looking for something in syracuse contact me. I'll get you in touch with our realtor and he should be able to get you a better deal either with one of the just finished homes or with one that an investor needs to get out of due to finances.

I'm really sad because I was in love with our home in Syracuse. It is on a big lot with a community swimming pool. We did 9 foot ceilings, granite countertops, knotty alder cabinets and tons of other upgrades. It really sucked. And our realtor (the one at our old house not the new house in Syracuse) didn't collect the good faith from our buyers so we are out the money to the new house and the money from our current house. A valuable lesson about making sure you work with a good realtor on both ends.

Just a FYI for anyone interested.

Barbara

[john2timex]

Barbara,
It is not your realtors responsibility to collect the earnest money unless they are acting in limited agency. The best advice for you would be to contact the division of real estate immediately. By state law, earnest money should be deposited within a trust account three days after acceptance of the contract. Also follow up with your agents principal broker (his name and signature will be on your agency agreement) in most situations like this it can be resolved by a phone call between the principals. I know that this is not as good as having the sale go through, but that is why earnest money is asked for.

[dogmom]

I don't know real estate law in Utah, but have purchased and sold several homes in CA, and also when we purchased our current home in Utah, we had to put a hefty earnest money deposit in with the offer. I am guessing that your buyers pulled out of the contract before the money was required to be deposited into escrow? I don't know, something sounds wierd here...in that case I hate to see you out the money on your present home. Let us know how that happened...someone must be accountable for that...