Long Branch, NJ asked in Real Estate Law for New Jersey

Q: >I defaulted on my mortgage. >House was "won" at Monmouth County Sheriff Auction in July by unknown investor.

>Real estate agent representing "winner" contacts me to show house in August.

>Winner did not have deed or writ of possession when contacted - said they would have in a week - that was in September. Still don't as of 12/13.

>I make good faith offer to purchase house from "winner".

>They countered I rejected their counter offer.

>Finally the questions:

>If agent was actually the investor, do I have any recourse for not disclosing they were principal when I made my offer?

>If agents actions (words) has forced me to vacate before any legal obligation to vacate, do I have any recourse against agent and/or investor for costs incurred to vacate in a rush?

>If no legal recourse is available, does the threat of the filing of an ethics complaint (with state or Realtor Board), carry enough teeth to force a settlement. (ie. in my industry (finance), I could lose my license (teeth) for not informing counter party I am the asset owner if I am.

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1 Lawyer Answer

A: More information and document review will be necessary to determine if you truly do have a cause of action against the Real estate agent or not.

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