New York  |  Real Estate Law

Legal Question

Asked on: 9/07/13, 10:46 am

When I tried to sell my house 3 years ago, I found a buyer but was not able to close the sale because the mortgage lender never responded to my submission of the buyer's written offer. I would have walked away with $50,000 in equity had that sale gone thru, but now I am being foreclosed on and might lose my house at auction.

Can I sue the lender who caused the sale to fall through years ago? That lender has since transferred the lien to another lender who is foreclosing on me, not sure if that makes a difference.

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