Legal Question in Real Estate Law in Florida
I signed a contract to sell a mobile home in florida to close in 30 days, it was a cash sale. The broker recieved the money in full from the buyer for the full price, paid my mortgage off. Pay off was about 50% of total sale, to SunTrust Bank.
The broker says I will not recieve any money until they have titles from Mortgage company and I sign them. 30 days is well over and I am still waiting to be paid, the broker gave the keys to the home to the purchaser weeks ago when she paid for the home and moved in.
He said the deal was closed and sales agreement was completed and my not recieving funds was irrevelent!!
Is this proper? I am contemplating hiring an attorney but that cost money. Anybody advise me on what if anything to do? Or should I just keep waiting? I have recieved a notice from Suntrust that the note was paid in full a few weeks ago.
Thanks in advance.
2 Answers from Attorneys
Contact the mortgage company. who has the titles? You should have, but if they do, then start bugging them to sign off on their lien.
Why weren't you paid at the same as the bank? I agree that you could start by contacting the mortgage company. I really could not comment any further without looking at your agreement.
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