Legal Question in Consumer Law in Virginia

how can you determine the prevailing rate of interest in the event that the con

On September 10, 2003, I was solicited bu Home Solutions. They agreed to sell and install siding and windows for 22,700.00 I stated that I would agree to secure a loan of 5% interest with the agreement that if the loan could not be secured T 5% rate that the deal will be void.

Home Solutions failed to secure the agreed financing. I decided to terminate the contract on October 23, 30 2003.

At that time Ron Skelly(Home Solutions continued to harrass and vervally abusive language so I seek legal advice.

Home Sol;utions has demanded to make me pay 22,700.00

plus legal fees because for ''Breach of contract.

The Contract is contingent upon owners obtaining financing with 45 days of the date of this contract. Cotract has been terminated before 45 days.


Asked on 7/15/04, 2:02 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: how can you determine the prevailing rate of interest in the event that the

You should send Home Solutions a certified letter(return receipt requested) carefully outlining the situation with emphasis on the fact that the

"contract" never came into being since the contingency clause was never fullfilled.

You shouild then place them on notice that they must immediately cease and desist from their vexatious and harassing actions to enforce a nonexistant contract or you will of necessity have to seek your own appropriate legal remedy(including damages)in order to compel them to do so.

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Answered on 7/17/04, 5:19 pm


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