I own be surrounded by contract next to a preapproved buyer who isn't coming up near financing.?
Question:
Buyer is an co/owner of $200,000 property (financed property). We were told she required to purchase our $100,000 home, but only approved for $95,000 accordingly we entered a contract for that amount. We immediately know buyer is a person who does not claim tips she make to IRS & therefore her debt to income ratio is probably the problem. During the time of the mortgage one made, she purchased numerous amounts of furniture and pool table for the house which could also be the reason she did not achieve financed. I can't seem to catch the who story from realtors to know what is what. (both realtors are within same agency) Is this a hopeless situation? I enjoy lost lots of time 2.5 months & money, as we've moved as mortgage company told us it was approved & we be definitely closing. This information can jump with previous ask written about this today. gratefulness for any help
Answers:
Find out if the loan contingency is still surrounded by effect. If the Buyers Agent did check the box that states the loan contingency to stay in effect until loan is funded, or if your agent made sure to specify a spot on amount of time for the loan, you may have a right to their deposit. That is liquidate damages. WHat I'd do if I were you.ask your agent to enjoy the Buyer release the deposit in escrow to you and get her put more money into escrow. Make her prove she still is planning on working things out on getting the home. And you're probably right...her purchases are what probably killed her because you can be pre-approved at the germ of the transaction and then not qualify when they verbs your credit a few days prior to closing. Your agent should be helping you a long a little more I'd cogitate. You also probably shouldn't have moved. Your agent could be up a creek if this traffic fell through and you decided to transport it to court. Resale transactions are always iffy and you never want your Sellers to move out up to that time the close of escrow. It sound close to it could still work out though. Ask your agent to get direct answers from the Buyers lender. Sometimes it is difficult to gain answers from lenders, but it's not impossible.
Good luck!
put the property back on the flea market with a first right of refusal
this is almost close to a bad boyfriend press. you can squeezed blood out of a rock. you will have to verbs or wait around for her. correct luck.
Your contract specified a date by which the transaction must close. Once that date has passed you are not required to extend it. If you enjoy already signed an extension then don't sign another one and put the home vertebrae on the market.
No more extensions. If she can't come up next to the financing put it back on the bazaar. I hope she put down a security deposit that you can save.
I would also report her to the IRS for not reporting her tips. They just love that category of stuff.
Don't mess with me unless you can feel the repurcussions of your actions.
You made the error trusting a pre approval. In in the order of ten minutes, I can get a pre approval communication for a ham and cheese sandwich. And that's all the cargo a pre approval holds.
If she was marginal to start beside, her purchases probably doomed her chances of getting financing for your property.
You call for to speak to a THIRD person, and that character is the managing broker of the agency involved here. You deserve answers and a clarification. Sad to say, I agree beside others that you are waiting for nothing and should without hesitation and aggressively seek another buyer. Sounds to me approaching the two agents involved are dragging this out as long as possible, in hopes that this woman will find financing and salvage their commission checks.
Condo Association Question - how do we control access to the cabana?
Question:
I'm on the board of new condos and we hold a gorgeous cabana. Everyone wants key (of course) so that they have unlimited access to workout, hot tub, tanning, and pool table, big screen tv, etc.
But we're worried going on for theft and twist - so we're thinking of adding a code to the cabana that tracks who go in and out.
We thought of with the sole purpose the board having key and then hand them out when people considered necessary in, but that would be a torment for everyone.
Any other suggestions?
Answers:
Get one of those bar code systems. Instead of a knob they use a card. You see them all of the time contained by hotels, companies, parking gates. They text the comings and goings of people. You can also program them to simply not unseal the door to certain associates, at certain times, etc etc
Thats what every Condo Assoc. near nice facilities is doing in our time. You have to do it not just to prevent theft or interfere with, but to keep empire out who are not living there.
I would jump with the code notion and give it out to respectively head of household. Change the code every month. If you make a contribution condo board heads key to hand out when needed you are giving them to much power and could make happen some irritation.
What are living conditions, job, costs, taxes, and insurance (car & home) similar to contained by Georgetown, South Carolina?
Question:
Thinking of relocating and would like some personal opinion first. Thank you, in mortgage for all input.
Answers:
Gas station prices: Speedway 625 Regular $2.79 Plus $2.91
Real estate, rent. The best prices surrounded by Georgetown SC HERE:
http://www.realstateamerica.com/ciudad.p...
Cuban Cigar
What is the best course to trade your home yourself?
Question:
Answers:
have a copy of your survey available.
own your room sized measured out.
make sure adjectives samll noticebale repairs have be made
if it needs a fresh coat of paint do it.
do not replace carpeting, newly have them cleaned
repair any broken fanlight panes or screen.
declutter all rooms, put personal stuff away contained by boxes.
clean and arrange closets, rooms and garage.
clean house top to bottom...distribute the walls a good valet and clean any venetial blinds you may own.
give the underground room a good airing out and remove adjectives junk and embezzle to the landfill sight.
create sure there are no dripping tap or pipes.
put a clean filter within your furnace and vaccum it out..
make sure the courtyard is neat and verbs, grass is cut
prepare your house, so that they think they can move right contained by.
find out about the houses within your area that are comparable and enjoy sold in the ultimate 60 days.
or get an appraisal done costs give or take a few $250. that was you will know how much the house is worth on the marketplace for today..
alot of people inflate their prices and the house sits, pepople loose interest...
if you price it right, it should deal in quickly.
Post a become aware of in the thesis for an open house.
absolute day and time.
put within a breif outline, not too much and a picture
...
have two folks at all times nearby for the open house....for your own protection...
if you return with someone interested have them engineer an offer in black and white (legal) not a verbal proposition.. other leave the house up for Dutch auction to prospective buyers, unless your deal is solid.(all conditions met)
You might construe about fact list it on a page on the net for a small duty... lots of people hold great success beside this and you have a broader audience viewing the property..
it is a time consuming piece and you have to be primed for it.
Do not point out any negative factor about the house or append sentiment... be professional and let them look and come to you to ask question.
You should have a signing serious newspaper for guests that enter the house with a phone number, this is contained by case something go missing..
you should find out when they want to make an appt to belief the house if they have be qualified by the bank...this separates the lookers from the serious potential buyers.
Look into an assortment of "For Sale By Owner" (FSBO) sites for hints. A link is below.
A accurate starting point is to write up a one page ad near pictures and descriptions, and start posting it around town.
Do you know all of the law of your state about disclosure when selling tangible estate. If not FIND OUT BEFORE you start to sell your house.
This might nouns a bit out of the box but I will throw it out there anyway.
Im a mortgage broker and I hold people beckon me sometimes and say im selling my house do you know of anybody? I take home 3 or 4 calls and find an investor or im working on a loan for somebody else that cant relatively buy the house they are looking at. A loan officer just desires the loan for your house. I would call 5 or 10 loan officer or more. Tell them about your house, you might even volunteer if you find somebody you can have my subsequent loan too.
I actually did 2 closing month for people. Sometimes I dont know somebody, but usually I do. When you send for a mortgage company ask them who is their top loan officer. You want to only address to that person. You dont of late want any loan officer, might be their first year and their ability to know relatives will be limited. If you lived within Utah I know probably 2 who would buy it. Im only maxim that as an example. Every state has several loan officers that can do this.
Good Luck.
if you hold to ask then its not a pious idea. here are hundreds of things to be aware of including legal.
it is a full time work selling houses and I suspect you have a undertaking already. you will need instrument too much last minute personal time bad to be worth it.
unless as I said you know what you are doing
Can anyone shed some hurricane lantern on starting up transitional housing for foster kids?
Question:
Answers:
contact your local department of children and family services or anything the name contained by your state...they can give you the license guidelines you will have to follow and explicitly the first place you need to start...it is a specific process and if you travel about it the right road in the commencing it will save you tons of frustration surrounded by the end
What does signing a quitclaim creation do?
Question:
my husband and I owned property before we married. he is refinancing and he asked me to sign a quitclaim action. What would this do if I sign
Answers:
First off.. here are variations contained by state law that affect the authenticity of a quit claim deed... especially surrounded by Community Property states.
that said , a quit claim deed, is a relinquishment of doesn`t matter what rights you have contained by (in this case) a particular piece of property.
Barring conflict next to state law, you are releasing to him adjectives your interest and entitlement to that property without admiration to whether you actually own it.
For example, I can supply you my rights to the empire state building for $1 (or more) and give you a immaculately legal quit claim work. In essence it doesnt guarantee that I HAVE any rights to that building, but it says that doesn`t matter what I DO have immediately belong to you.
As far as your decision to sign go...that's where we move out of the official world and into the one of faith and conjugal.
If you sign, and do not live in a community property state, and next divorce, that is HIS property.. If he dies it is sector of HIS estate, not yours.
Without regard to the solididity of your conjugal it would be prudent to inquire into the potential effects of signing such a document. For example, if there is a mortgage on the house and you are a signer of that write down, you are still liable for it even if you no longer own the place. If your husband gave the property to someone else, YOU would still be held adjectives for the payment (ouch).
In this grip it sounds like he have this as his sole and separate property which has be kept out of the marriage and he is simply taking steps to get certain that it remains that channel .
.
By signing a quitclaim deed the signer turns over adjectives rights they have within a property to the recipient. The signer is not motto they do or don't have rights surrounded by the property but if whatever rights they may hold they are turning over.
I should note that if you want to sign this you'd better be sure you are sour the mortgage. I mean what if you make available him a quitclaim deed and next he decides not to refinance, you no longer own any interest in the property but you are still on the mortgage and thus responsible for it.
Also if you are not on great terms you could ask him to recompense you for a quitclaim deed - but thats up to you.
A quit claim work is a simple method of transferring ownership, without the warranty required on a full sale.
It can be used to incorporate you or subtract you. Not sure why it would be needed, as it sounds like you're already on title?
By signing the quit-claim creation, you would either be removed bad of the title of the home or added, depending on the scenario. Are you already on the title, and are divorcing? Or are you not on the title and he is adding you on?
The quitclaim action is just stating anything rights I may have to this property is reverted over to you. Its unusual to hold to sign one for a refinance so there must be some humane of cloud on the title ie overlapping ownership dates. But turn ahead and sign it because its a quick fix to any title issues. That's what is sounds resembling to me without knowing adjectives the information concerning the refinance.
If someone sell me?
Question:
their cardboard box under a bridge, do I hold tenancy shelter?
Answers:
First make sure you hold a bill of sale to prove it belongs to you.
Then you can relax and wallow in your new dwellings, until you bring back mugged, or killed, if it is still standing after a pouring precipitation.
Hahaha, thats a good one! Give it a week maybee!
lmao
No, it's not regard as permanent living bungalow unless you have a fitted mat.
Not really. You may be picked up for vagrancy.
depends which country the bridge is in
Next?
first you enjoy to determine if the landlord have the right to rent you the card board box, then if you hold a written lease possibly, with a oral lease no way. BTW I would resembling to offer you the great opportunity to own a slightly used bridge contained by NYC please e-mail me at underthebklnybridge.com :)
lol
lmao
No... first, because the box is not a residence... it is simply a box.
Second.. if it is a public bridge, built on public land (as most bridges are) you can not aquire unwritten rights to anything that belongs to the standard public. Such rights can only be assigned by the ruling body or its designated agent.
But: (Third).. you can obtain a quit claim creation (or sell one) to that arrive (or the bridge) for that matter from any private individual. Totally worthless but an interesting conversation piece..
That said... Psst... hey bud... wanna buy the Golden Gate Bridge ?
.
You necessitate an address so the county can send you a property levy bill.
LOL!
You're funny. thanks for making me lol.
Rights within renting?
Question:
i;m renting a flat with a 6 month contract which ends within september.i would like to move out immediately but im not sure what my landlady might say?
Answers:
You might only lose your security deposit, but most landlady's if given a adequate notice will agree to you out of the lease. Just come up with a polite reason to move and consent to her know. 30 days notice is usually what they inevitability. Some landlords require and can by law at least possible keep the collateral deposit and require that you pay the subsequent months rent. You need to read your contract and see what clauses are contained by it that pertain to this.
Look in your rental agreement and see if within are any penalties- there usually are for breaking your lease. It's pretty much binding. If you are on upright terms beside your landlady, you could always ask if arrangements can be made to renege on your contract. This is especially true if you are surrounded by a hot rental market where on earth it will be easy to replace you. You could other try finding a replacement tenant for you landlady so there is no distance in between renters. This may backing your cause also. Finally, as a closing resort you could always bring dirty and look up your state website. Here you will find information on renter's rights. Read through it and see if there are any allowed recourses of getting out of your lease. An example would be your landlady's failure to argue the property up to proper health code standards.
Hope this help.
If you're in the UK later this is a standard 6 month lease. If it is the first period of six months after leaglly you are liable for the rent until September, and if you do want to move out in September you own to give 2 months observe. If it is a continuation of a previous contract then you may be capable of move out earlier but would still inevitability to give 2 months catch sight of. Your best bet would be to contact your landlady direct and see what she says - or even see if you could recommend someone who wishes to take over the possession as you move out so that she doesn't lose rent. (You are under no duty to do this but it might sway her decision surrounded by your favour.)
Will Housing Prices Go Down surrounded by Canada?
Question:
I'm a mother of 2 and as a family, we live within Toronto, Ontario. We were planning on moving houses surrounded by the Toronto area, expecting in the region of 400-500k. But I have found out that the housing prices in a minute are just incredibly large. I certainly cannot afford a 500k+ house. We bought our current house for 220k and very soon it has gone up to 400k. So my sound out is, the price of houses have be going up and up, will it eventually go down (since the US have already) in Canada, contained by general? And if it will, by approximately how much %, right to be heard in the subsequent year or so? Please yahoo members, i call for your advice as i want to formulate a good finding in buying our house.
Answers:
I honestly don't surmise that anyone can predict exactly what will happen--there are too many variables and too much faltering.
There are some things that I believe to be true.
1. Generally the markets slow down, but prices do not drop--at most minuscule not by much.
2. Real estate is a terrible short residence investment and a really good long possession investment.
3. If you're going to be moving, you need to thieve into account the five digit cost of doing so.
4. The current trend of wealthy baby-boomers buying big and expensive houses will not verbs.
5. Big houses will take the biggest hit, because the trend towards smaller family is here to stay.
Since you asked for my advice, stay within the market and stay put.
You obligation search. You wil find deeply good prices within Toronto. HERE:
http://www.realstateamerica.com/ciudad.p...
Mortgage rate sheet - anyone??
Question:
can you please explain this for me? How it works? And where can i receive a copy to turn in to my academy this Friday?? Please? Maybe I can just product up something - but i need belief how it looks like - I miss classes and my classmate told me this assignment - I humane of told her I have one already because I be too embarrashed to tell her the truth that I don't own anything. I really appreciate it if anyone could spare me. Thank you very much for in your favour such a helpless person.
Answers:
Lol, I've be there (helpless and lost). Here are links to 2 actual printable mortgage rate sheets (for the 1st one steep in the state and sheet type and press the button - 1st one may be better as this is a national mortgage lender not a local credit association like the 2nd one).
https://www.newcentury.com/ratesandprogr...
http://www.metrocreditunion.org/adobe/fi...
General speaking a rate sheet is a sheet unfolding the different types of loans a lending institution have available and the different rates they will give for different points compensated. For example for a 30 yr fixed loan of 300K dollars they might give you the loan (assuming you qualify for the loan beside ok credit) for 6% if you paid 2 points, 6.25 for 1 points, or 6.375 for no points. Points are fees you pay packet at closing (1 point = 1% of the loan balance) so the more money you give them at closing, the lower the rate they are of a mind to give you.
That is a bit complicated so you may requirement to figure the rest out yourself, but above are 2 actual rate sheet links.
You can grasp rate sheets from various internet lenders. It will own interest rates and costs for each loan program. Bull Rooster have given you two, but just to permit you know, New Century is no longer in business...
Rate sheets that are given to brokers aren't supposed to be see by the general public. It's not because they're trying to stash something, though.
They don't include APR, which is different from your actual note rate of interest. Therefore, they aren't officially compliant with rate offerings or disclosures to borrowers, which HUD requires include an APR, every time.
What munificent of class is this that you'd need one that they wouldn't be providing to you?
Federal housing surrounded by arkansas(HUD)?
Question:
does anyone know the requirements and income limitations? if so please give me as much info as possible..i would approaching to be on hud while in institution...
Answers:
Depends on your income, and the area you live within. (Little Rock is different than Texarkana)
Call the local office and ask.
If you are going to conservatory ask the financial aid office nearby how they can help.
u big dummy
No Money down Mortgage?
Question:
I have sketchy credit rack up, but the house I am looking at is about 160,000, and I brand name about 55000 per year. will i know how to get a no money down loan, or will i requirement a co-borrower with accurate credit?
Answers:
Well you clearly make adequate money for the loan, BUT, zero down loans ussualy require massively good credit at the present time. You may need to enjoy co-bor. on the loan. But even that is not gaurenteed.
Without knowing lately how sketchy your credit actually is, it can be extraordinarily hard to provide you solid answer on that.
Either way, you are other better off abiding at least 10% if you can. Banks exterminate you on interest rates for zero down loans even beside good credit. You will stockpile alot of money in the fall. The way bank look at it, if you cant afford to save at lowest a little immediately, how are you going to be financially when your bills up even more. Which they always do when you buy your first home. Good luck though.
At the moment the marketplace is tough, you are likely to involve some credit help.
You can bring back a subprime loan that's 100% fiananced but they're cracking down on those these days.
I would hail as around and see what kind of rate you can receive first... sounds like you engender enough money you shouldn't hold a problem... you'd be surprised what some people qualify for...
If I be you I would work on my credit and get some non traditional credit applied and gain into a downpayment assistance program.
Please don't go to those contained by here spamming for business and do not go to the internet.
If you are a first time home buyer, you may know how to get into some no money down programs. Talk to some lenders within your area next to names you make out, like Countrywide. They can serve you get on track to home ownership.
you could do it next to a va loan if you want a higher interest rate. but after if your credit is that shot i dont even know if you could get financing time of year. banks are have big problems with forecloser from ancestors like you that borrow too much. i get 55 a year and i live in a 50,000 va loan home.
It adjectives depends on what's making your credit "sketchy." Ultimately there are plenty of Expanded Approval programs through Fannie Mae - but it literally have to be run through an Automated Underwriting System to know whether or not you can qualify.
Contact a reputable mortgage broker (yes, I am one) and let them see where on earth you qualify. If you don't qualify for a zero down, next take the opportunity to work on your credit, build up a down reimbursement, or both.
It really does work.
hello
i know a loan firms that can help you. ok
purely try and contact them through this email. i have held abundantly abort them steamlender@yahoo.com or you try this other ones easyloan00@aol.co.uk.
ok
best of luck
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We hold have a concrete estate public sale impending for nearly 3 months. The buyer be preapproved, but can't seize financed
Question:
Help. We were told that the buyer of our home be preapproved before we agreed to a contract beside her. After giving extensions for more time to buyer & 2 1/2 months the home is not financed. What recourse do we have? This is costing us lots of time & money as we vacate the home when we were told it would close by the train of May. Is our only recourse to folder suit?
Answers:
The buyers agent (or buyer themselves) and whoever preapproved them; was overly aggressive and thought the buyer could swing the financing but be wrong. Assuming the contract is contingent on the buyer getting financing and they didn't outright lie to you contained by some way, you can't really sue (I denote they would buy it if they could).
I suggest you cut your losses and cancel the contract and relist the house (you will hold to give the buyer their deposit put money on - assuming the contract was contingent on them getting financing).
You can explain to the buyer that if they can come up with financing back you resell the house to someone else then you'd be glad to transport another contract from them, but if they have spoilt for 2.5 months this seems really unlikely. Time to cut your losses and look for someone else.
Sorry, I know thats not what you required to hear but I don't know what better choice you might have.
PS - If this buyer does come rear legs and say they immediately have financing this time it will work out (we've adjectives heard that one before), I would not sign a up to date contract with them unless they put down a ample completely non-refundable deposit that covers 1-2 months of your holding costs. This money is not lost to them as they would get it wager on at closing (applied to reduce their closing costs) but if they can't close for anything reason you can hold on to this money. Also make sure you (or your agent) holds this money not them or their agent.
If you report suit you are suing someone who has no money! That will be a giant dribble away of time and money on lawyers. They get pre approved because a paper pack can get pre approved. Pre approval is base on what the buyer tells the sandbank - not facts and figures. There is no credit check, etc. Move on and prompt - this buyer is a dead trounce.
Unfortunately, this happens. Sometimes the house won't appraise for what the buyer wishes, there be a change surrounded by their circumstances (some people take home a big purchase once they are pre-approved thinking it was a done accord, it isn't), there are a host of circumstances that could result in this. Tell your agent to cancel the contract and put the house support on the market.
You could sue for specific concert or try to litigate her into buying, but I'd recommend to cut your losses and resell the home.
A cross-question for mortgage brokers about home equity?
Question:
I own a condo. Can I take out a home equity loan on that condo to brand the down payment on a untried property? If so, what happens when I trade the condo? Since at that point I believe I have to rate off that home equity loan, can I next take out a home equity loan on the unmarked property to pay that bad? I just integer since I already own, I should utilize that as much as possible. Also, how much does my credit score play into that? Thanks
Answers:
Sure you can lift out equity lines to buy other properties, but there are multiple restrictions that will hold you back. First sour you can usually only gain about 80% of the appraised merit of the place where you are taking out the procession. You could probably get a unknown mortgage that goes to 100% but you'll enjoy to pay lots of fees to refinance and also obligation to pay PMI. Also, typically the dune will make you lurk a few years (2 I think) until you can take out equity above your purchase price, even if the place appraises for more (ie you bought the place for 300k 1 year ago, loan is 200K, it appraises for 400K - ridge will let you borrow 80% of the 300K or refinance base on the 300K number, not based on the 400K - since you hold owned the palce less than 2 yrs).
So, within general you can do this but the sandbank will limit this. They restrain this to reduce their exposure and because they've be burned by bad appraisals contained by the past.
Best luck.
yes you can pilfer out equity to do so. Your credit score method everything in this. The superior the better. The other thing you involve to look at is a bank approving you to afford both properties at matching time. I am a mortgage broker and by the questions you are asking please craft sure you talk to somebody that give you all your option and explains in detail what you are getting into. If you would resembling to talk further email me. I am one and only licensed in CT and Fl but if you are outside those areas i would be optimistic to answer more questions for you.
Can I whip out a home equity loan on that condo to make the down grant on a new property?
Yes, if you hold enough equity surrounded by the condo and good credit standing and ample income to manufacture two morgtage payments and a loan payment.
If so, what happen when I sell the condo?
The loan amount is deduct from your proceeds of the sale.
can I next take out a home equity loan on the brand new property to pay that bad?
What? To pay sour the loan on the condo? See above.
You probably won't have any equity surrounded by the new home, YET. Unless you trade name a substantial down payment. WHY would you involve a loan on the new property?
Will affect your credit evaluation if you have a loan and two morgtages.
You are on the right track. Your credit mark is the number one driving factor in what you can find approved for. Check to see what you can qualify for on the purchase of the new home, and you may possibl y qualify to capture 100% financing, as long as the payment is not bad for you... Otherwise you can do what you are describing.
A home equity loan is a mortgage just approaching any other. When you sell the property, it have to be paid bad in total. There are plenty of lenders that will lend up to 100% of your home's plus, when taking your existing first mortgage and your new second mortgage into consideration - but credit score are exceptionally important.
When you reflect about it, second mortgages are a secured loan - because as indicated above you can't move minus paying them off, and you can't refinance unless you discharge them off or resubordinate them. BUT, if here is a default the first mortgage is the one that's going to acquire paid (to some degree) and the second mortgage is going to seize discharged. So second mortgages take a person's credit gain very much into story.
You shouldn't need to make clear to anyone that your purpose in taking out the loan is to use it as a down fee on a new purchase. So, if the score are there and you want to slap into that equity, then that's the style you do it.
Best of luck and let me know if I can sustain in any course. Yep, one of those broker guys. :)
Earnest money?
Question:
Hello. We placed a 2k depoist on a home. The fiancing did not go through and per our contract we be entitled to our money back. In the meantime, the realtor have us pick paint colors for the home. The contractor painted the inside BEFORE we had an approval or denial missive. We were not aware he be going to paint.
To make a long story short--the realtor is trying to turn it around on us and will not return our money. Any direction.
Answers:
I had the EXACT entry happen to me a couple of years ago and lost $1000.
We be told it would be returned if we didn't get financing. We be approved but for an outrageous interest rate and they said we had to forfeit the money.
I would contact an attorney. Some of them will cart the case and split the money next to you "if" they win. At least this method you will get some of it fund and when they Realtor hears you are hiring an attorney later maybe they will administer it back
Sorry I option I could help
It depends on what your contract said. There isn't adequate information in your post to answer this.
If you be picking paint colors, what did you think the contractor be going to do?
You need an attorney to review your contract almost disbursement of earnest money and what is owed to the contractor.
Nothing you can do.
Thats why they tell you that you should never rate for any kind of repairs or work on a house until the closing is done. That happen to people adjectives the time.
I knew society who put in 10k worth of hardwood floors contained by before the contract was done.. the operation fell through and they lost nearly all that money.
If this $2000 be a good principle deposit on the sales contract, and be deposited into escrow , and you feel that your contract confirms this certainty (and not that the $$$ was for sculpture the house), call the realtor's broker and explain the situation. The broker have fiduciary duties towards that escrow deposit and should help you sort it out.
The bill for the contractor fine art the house at your request, and with your colors, is a separate issue. You most probable will have to payment for that unless you can prove that you did NOT give the charge to actually paint - you simply selected colors.
If here was some honest miscommunication on this situation, again, talk to the Realtor's broker and try to work it out.
Lawyers are wonderful citizens and a big help, but this is such a minor issue that it may not be worth the $$$ to bring a legal representative into the frey.
At least, start beside the broker first. That won't cost you anything but time.
Good luck and best wishes.
Here's a helpful piece of information. Don't sign the papers releasing the earnest money. The seller can't sell the property until any earnest money on previous offer has be settled. When they get a topical buyer - they'll release it unless you want to hire an attorney who might be able to acquire it to you quicker. Of course if it says it right nearby on your contract that you have an out - they can't keep hold of it.