Your Legal Questions Answered

We sold a house that needed roof replaced. Filed with insurance and they would cover if they received inspection report when finished. We put in closing docs at title company that we would cover roof when we receive inspection report. The title company cut a check for $7900.00 made out to the roofing company and gave to us to pay them when we received inspection report. We never received inspection report. Insurance claim expired and now they won’t pay. I contacted buyer back in September and he didn’t seem to care about it and haven’t heard from him since. The title company has contacted us because check is expired, needs to be re issued and they can’t get buyer to return calls either. We are out the $7900 because we can’t collect from insurance and we’ve contacted Title several times and all they say is they are trying to contact buyer. I believe buyer has relationship with roofer and has blown it off. It’s been over a year since house sold. Any idea what I do at this point ? Would like Title to re issue check to us as buyer failed to provide inspection report.

Based on your facts, the issue is likely that you need to get the new buyer engaged. The title company is merely acting as the facilitator but has no duties other than to ensure that the money is not delivered to the wrong person. A demand letter to the buyer and/or title company may get this resolved for you. I recommend contacting our firm to schedule a case assessment. Then after fully reviewing the facts our attorney will be able to advise you on your rights, remedies, and risks as well as a proposed course of action. Just call us at 303-688-0944 or schedule on line at https://calendly.com/case-assessment/case-assessment

The foregoing information is general information only and should not be relied upon to take, or fail to take, legal action. No attorney-client relationship is formed by this information. __The only manner to obtain complete and adequate legal advice is to consult with an attorney.__

Bill Henry

Real EstateDec 11, 2020

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DisclaimerThe response posted is based upon the information made available and is not intended as a full and complete response to the question. The only manner to obtain complete and adequate legal advice is to consult with an attorney. No Q&A posting or other communication will be treated as confidential from this website and does not create an attorney-client relationship.