Thread: Moral, Ethical?
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Jims5543 Jims5543 is offline
I'm with Bill
 
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Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
Matt - the owner of the house paid cash and decided to save $300 and not get a survey before the closing.

What we have here is 2 parties that decided to close with no survey both paid cash.

The previous surveyor closed his doors 5 months ago. The lady in the house had ample opportunity to get this ball rolling and decided to sit on her arse and do nothing.

I went as far as to contact the owner of the house and offer to hook her up with the builder and let her buy it direct. Not interested.

I offered the builder the same. Not interested.

The owner of the house has chosen instead to lawyer up and do it the hard way.

I am being forced to buy this lot. I have put this off for a long time and now I am at risk of ruining my relationship with my client over this.

I have decided to go ahead and buy the lot and let whatever insurance company that wants to buy this lot pay fair market value for it based on comps in the area and not considering the encroachment as this is the reason for them buying it.

I have bent over backwards to try to fix this and no one wants my help. So now I am a bystander with a lot that is needed.

The builder already agreed to put in writing the events that led up to my purchase and have it signed and notorized. If this ever came up for professional reveiw I will have my butt covered.
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Old 08-29-2006, 06:13 PM
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