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Key takeaways. A buyer can back out of a home purchase even after signing a contract if all agreed-upon contingencies are not met. Common reasons for buyers to back out include issues revealed ...
The White House is proposing some relief for homeowners: a one-year $10,000 tax credit for middle-class, starter-home residents who feel locked in to their low mortgage rates to move to a bigger home.
Because the right of redemption is an equitable right, foreclosure is an action in equity. To keep the right of redemption, the debtor may be able to petition the court for an injunction. If repossession is imminent, the debtor must seek a temporary restraining order. However, the debtor may have to post a bond in the amount of the debt.
For Florida homeowners, selling their homes "as-is" for cash represents a chance to move on and escape the constant cycle of damage, relocation, and repair, besides skyrocketing insurance costs.
The district court found the precedents cited above to be in direct, irreconcilable conflict. Under the MAI, Triad, and Wall Data cases, the transfer of software from Autodesk accompanied by a restrictive license, would not be a sale and the first-sale doctrine would not apply, and thus Vernor would not be permitted to redistribute the software.
Economist Steven D. Levitt famously argued in his 2005 book Freakonomics that real estate brokers have an inherent conflict of interest with the sellers they represent because their commission gives them more motivation to sell quickly than to sell at a higher price. Levitt supported his argument with a study finding brokers tend to put their ...
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