- Jurisdiction
- Texas
A bit of background: for the past 8 weeks I have been in the process of purchasing a home. I have excellent credit and a solid down payment. I was prequalified. When I made the offer, I set the closing date for Oct. 6. Two days later the contract was amended for an Oct. 2 close. I hired a contractor to start work after the closing, and hired a moving company. On Sept. 29 I called him to find out the details of the closing. He didn't call back, so I contacted the company from whom I was purchasing the home. Half an hour later I get a panicked phone call. Despite several written notifications, he never noticed that the closing date had been amended and I would have to delay.
With this I lost my contractor and deposit. There were several rounds of negotiating and his company is crediting me some of the difference. My stipulation was that I had to be able to close on Oct. 5 instead of the Oct. 6 date he was working on. Today is Oct. 4, and again I called for the closing details and he said he still is not prepared to close tomorrow and that it has to be Oct. 6. This will cost me another set of deposits. I still don't have information about how much money I need for closing, or even what my monthly mortgage payment will be. I would switch loan providers but it is too far along in the process but at this point his confusion has cost me a few thousand dollars and the terms of the contract have not been met.
I should also mention that I requested in writing multiple times that he contact an insurance agent I was working with to get my insurance set up, and he neglected to do so for more than a month, until I finally provided his contact information to the agent, who called me in a panic because it was a week before my (Oct. 2) close and he still hadn't heard back.
Do I have any legal recourse?
With this I lost my contractor and deposit. There were several rounds of negotiating and his company is crediting me some of the difference. My stipulation was that I had to be able to close on Oct. 5 instead of the Oct. 6 date he was working on. Today is Oct. 4, and again I called for the closing details and he said he still is not prepared to close tomorrow and that it has to be Oct. 6. This will cost me another set of deposits. I still don't have information about how much money I need for closing, or even what my monthly mortgage payment will be. I would switch loan providers but it is too far along in the process but at this point his confusion has cost me a few thousand dollars and the terms of the contract have not been met.
I should also mention that I requested in writing multiple times that he contact an insurance agent I was working with to get my insurance set up, and he neglected to do so for more than a month, until I finally provided his contact information to the agent, who called me in a panic because it was a week before my (Oct. 2) close and he still hadn't heard back.
Do I have any legal recourse?