Black molecular biologist is banned from buying $749,000 Virginia Beach condo 'because of her race' by white owner, 84

[TripleAgent]

Their favorite line is about how slavery was a long time ago, even through the last slave died in the 1970’s and then segregation and Jim Crow happened. But somehow none of this played a part into shaping black peoples lives negatively and we all equal now

Fixed

 

[Mordith]

They can back out and just refund the money. The contract would determine if a penalty would be applied but its not mandatory for home sales

Nikka shut your dumbass up because there's no real estate contract in existence that states if a nikka tries to buy my home I can back out of the contract without being subject to any penalties....

 

[Soda Papi]

Oops

 

[Tombstone]

Man such a beautiful career and know

fukk crackers kill em all

 

[Mowgli]

Nikka shut your dumbass up because there's no real estate contract in existence that states if a nikka tries to buy my home I can back out of the contract without being subject to any penalties....

You sure are aggressive for someone who doesn't know what they're talking about. An Escrow Company is a third party company that holds the money. The Escrow Company is going to give the money back to the buyer and there will be no penalty on the seller. They have the right to back out of a deal.

There could be a penalty if the value came in at a different value or if the home failed inspection.

The buyer could sue her though. But there's no built-in penalty for the seller to give extra money to the buyer because they backed out during escrow. Why don't you eat some breakfast and relax.


Go study some real estate nihk.

 

[Space Cowboy]

Give racists the satisfaction brehettes

 

[TEH]

Would’ve bought the home next door and Air B and B it as a party spot.

 

[Family Lives Matter]

Find a new condo and Take your money elsewhere. Handed a racist $750,000

You hand racists money every day and at least with her she was doing it out of spite

 

[Mordith]

You sure are aggressive for someone who doesn't know what they're talking about. An Escrow Company is a third party company that holds the money. The Escrow Company is going to give the money back to the buyer and there will be no penalty on the seller. They have the right to back out of a deal.

There could be a penalty if the value came in at a different value or if the home failed inspection.

The buyer could sue her though. But there's no built-in penalty for the seller to give extra money to the buyer because they backed out during escrow. Why don't you eat some breakfast and relax.


Go study some real estate nihk.

Again dumb nikka you don't know what the fukk you are talking about. I can provide evidence to support my claim unlike you.

Can A Seller Back Out Of A Real Estate Contract? | Bankrate

The language of real estate contracts is typically written to protect buyers. And in many cases, a home seller who reneges on a purchase contract can be sued for breach of contract. A judge could order the seller to sign over a deed and complete the sale anyway. “The buyer could sue for damages, but usually, they sue for the property,” Schorr says.

The seller may also be ordered to:

• Return the buyer’s earnest money deposit, plus interest.
• Pay back any fees the buyer paid for inspections and appraisals.
• Pay for lost equity the buyer may have realized from the home.
• Pay any other reasonable expenses the buyer incurred.
• Reimburse the listing agent for the lost commission and marketing costs.

 

[Diondon]

Crib is wiggedy wiggedy wack
She must really be determined to get in that neighborhood

 

[Crayola Coyote]

What if that cac got the house from a black family that was ran out of the town long time ago n she getting it back

 

[BigMoneyGrip]

Black folk need to start moving different when it comes to this type of shyt and when purchasing major properties… Open up that LLC and purchase your properties under it..

1. It’s seen as a business entity as the putchaser

2. The owner of that LLC info is hidden..

3. The lawyer(Estate attorney) representing the LLC will handle the full transaction between the bank and real estate agent


That way an old white bytch like that will never know a black woman or man in the new owner of that property… Hand over the keys and get the fukk out cracka

 

[R.E.N. Spells Ren]

You sure are aggressive for someone who doesn't know what they're talking about. An Escrow Company is a third party company that holds the money. The Escrow Company is going to give the money back to the buyer and there will be no penalty on the seller. They have the right to back out of a deal.

Breh, you’re standing loudly on wrong. One yourself.

The whole point of the purchase and sales agreement is to ensure BOTH parties can’t back out aside from some explicitly stated reasons. If a seller could back out there’d be no point accepting an offer and keeping money in escrow.

Racism aside, I assure you there’s many cases where the seller wishes they could back out because they get a better offer. This actually happened to me on a project I sold earlier this year. I was able to back out because the first buyers couldn’t secure funding by the agreed upon date. Got me an extra 20k, but if they had met that requirement, I wouldn’t have been able to back out after signing the P+S.

 

[BigMoneyGrip]

I was about to say if the house was under contract ,as the seller you aren't going to be able to just back out without getting sued.

Once the down payment was made the house went into escrow or under contract… White bytch kids prob told her dumb ass it’s too late to back out… lmaooo

 

[Richard Glidewell]

I'd burn it to the ground.

And video blog the entire process and then have them build it the exact same way lol.......old bytch probably left upper Deckers and shrimp in the ventilation