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Old 03-25-2009, 08:08 PM
 
21 posts, read 31,456 times
Reputation: 13

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Hi,

I was in the process to buy a condo in the union city area;

The financing did not go through so the contract to purchase the condo was canceled;

Now, my lawyer wants to deduct from the $6.000 deposit his 450.00 fees + 583 for title search that, he says, "was ordered by the mortgage broker through their law office"

I think my lawyer is just trying to screw me up based on my inexperience,

As far as I know I would pay for the title search only if I close on the contract;

Can anyone here pls advice?

Thank you
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Old 03-25-2009, 09:11 PM
 
Location: Jersey Shore
831 posts, read 2,437,520 times
Reputation: 301
My understanding is the title work does not get ordered until you receive a committment.
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Old 03-25-2009, 09:31 PM
 
1,915 posts, read 3,486,466 times
Reputation: 1089
Depends on when the financing fell through. If you had a pre-approval, made an offer, offer was accepted, you got everything rolling (including the title work), financing fell through AFTER the fact I would think that you are still obligated to pay for the title search.
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Old 03-26-2009, 11:14 AM
 
Location: Hoboken
19,890 posts, read 18,750,872 times
Reputation: 3146
Ask for a copy of the title search, it should tell you what date it was ordered.
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