Is Commission Owed if Offers Are Refused?

Question:  We listed our home in Gilbert for $280,000 after our listing broker told us that $280,000 would be a fair price.  Within three days we had seven offers on the home, including two offers for more than $280,000.  We were confused and upset, so we refused all of the offers.  We no longer trust…

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Report Must be Given When Signing Contract

  Question: I signed a contract to purchase a new home in a development in west Phoenix. I paid a $20,000 non-refundable earnest-money deposit. At the time that I signed the contract, the salesman for the development company said that the company temporarily had run out of subdivision public reports, and that one would have to…

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Contract on Wrong Home Can Be Canceled

  Question: In a large Chandler subdivision, we were shown several houses that had all been re-possessed by a major bank after foreclosure. We decided to make an offer on one of the houses, and we signed the contract prepared by our real-estate agent. A few days after escrow was opened, however, we attempted to meet…

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