WHEN THE UNEXPECTED HAPPENS, DELEON REALTY HAS YOU COVERED

Here are some examples of how we always look out for our clients’ best interests:

An Inherited Property Refusal To Pay Deposit

A client selling an inherited property discovered that her departed mother never transferred the home into her trust. Ordinarily, a costly probate procedure would be required. However, DeLeon Realty, through the Law Offices of Michael J. Repka (“the Law Offices”), saved the day. We filed what is known as a Heggstad petition, proffering evidence that the mother’s intent was to transfer title of the property to her trust before she passed away. We persuaded the judge to sign an order declaring ownership of the property to be in the mother’s trust. Our client went on to sell the property without the delay or cost of probate, all with no legal fees.

Our sellers entered into a non-contingent contract to sell their property. The next day, the buyers got cold feet and tried to cancel the transaction, without submitting their deposit. The Law Offices drafted a formal demand explaining the buyers’ legal peril and the potential for damages that could significantly exceed 3% if the buyers refused to make the requisite deposit. As is too common, the buyers’ agent refused to cover the cost of an attorney, so the buyers were left on their own. Consequently, understanding the potential consequences and the unlevel playing field, the buyers chose to make the deposit and move forward with the purchase.

Our seller entered into a non-contingent contract to sell their property. At the proverbial eleventh hour, and just before the property was scheduled to close escrow, the buyer attempted to cancel the contract. The buyer claimed a condition in the contract was not satisfied and thus, they had a right to cancel the purchase. The Law Offices represented the seller at mediation, arguing the buyer’s unjustified cancelation resulted in the buyer’s breach of contract. The seller received a favorable six-figure settlement after DeLeon Realty resold the property to another buyer for the same price. The seller was happy the property was sold, and that they paid no legal fees.