Q: My sister signed up with a company to help her out of foreclosure
My sister is facing foreclosure and signed up with a company to help her out of foreclosure by first saying they would fix her house and then they would split the profit. After they received all the bank information they said their wasn't enough equity to do the split arrangement so they would buy her out for $6500. 6 days before her auction date they said they could only now give her $2000. She didn't accept that and they stopped responding to her calls. She got her auction date extended and realized the $6500 buyout has no close date. Does the contract expire at her initial auction date of Feb 9th as she thought or is she bound by it indefinitely? Can she get out of it? Is it valid?
A:
To advise about a written agreement, the document must first be reviewed.
Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is only general information. It is NOT legal advice, and it may not work for your specific situation. It is impossible to evaluate a legal problem without a comprehensive consultation and review of all the relevant facts and documents. I strongly encourage you to consult with a local lawyer to get legal advice and help with your specific situation at your earliest convenience. I am licensed to practice law in Arizona.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
