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This just happened to a client of mine in a commercial transaction where a bank verified [in writing] terms of a loan payoff, my client acted in reliance to refinance another property for the money needed to pay off, and the bank now says "whoops", you owe us another $20,000; the client is suing. You are absolutely in the right here: you did exactly what you were supposed to do, i.e., ask the AH for specific information on the lot, and you bid based on what you were told. There is no debate that you were entitled to the correct items. The effort to lowball you for the missing items is appalling and you have every right to be pissed.
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Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 11-01-2014 at 12:04 PM. |
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