Buying Home
My wife and I are currently buying our first home. We have placed an offer on a banked owned REO. The bank replied with a Counter Offer (not a multiple Counter Offer) which we accepted. We have went ahead with our inspection, loan, appraisel ETC. Now the Bank's listing agent has notified us that our offer has been put on hold because problems with a previous escrow which they had on the house.
Apprently the house is still in escrow with a previous buyer who hasn't complied with terms and hasn't signed his cancelation of escrow. When we signed our offer with the bank, we gave consent to their right to unilaterally cancel escrow if the buyer does not comply with the terms.
Is it possible for an agent to accept another offer when a house is still in escrow? As far as I know, we were not a backup offer as the agent selected inspection dates, loan dates, and closing dates and signed our offer.
Any help would be appreicated,
Motion to plea of guilt reversed
In a motor vehicle stop Feb of last year in Sea Girt NJ I got a ticket for illegal passing. I was told to pay the ticket and it was no points by the officer. Come to find out it is a 4 pointer. Do I have anything to do in this case? Can I file a motion to reverse my plea?
Thanks
Shannon
