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    askmemr9's Avatar
    askmemr9 Posts: 1, Reputation: 1
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    #1

    Jun 22, 2010, 04:58 PM
    Purchage canceled after loandoc signed
    Wife backed up after loan Doc signed, Can I cancel the purchase, what could be penalties
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Jun 22, 2010, 05:36 PM

    Have you already done closing ? You could lose all of your deposits given for the property, owe any costs the seller has had, pay for all of the loan doc fees and any fees allowed in their paper work.

    You will have to pay any and all fees allowed in the real estate contract
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