Legal Question in Real Estate Law in Arizona
Can I recover damages from my lender for failure to extend the rate lock, which was the direct result of the loss of the loan and the house?
Asked on 12/30/09, 2:33 pm
2 Answers from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
It is possible, but no one could say without review of the loan documentation and the surrounding facts. You should retain counsel to give you a better answer.
Answered on 1/04/10, 3:08 pm
Lance Davidson
Lance S. Davidson, P.C.
If there were oral statements to extend the rate lock by the lender or its representatives and you could prove them, you could recover.
Answered on 1/04/10, 6:01 pm
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