Ok, news with the potential has arised. Back to the house on chittenango creek. We fired the realtor and now the owner wants to deal with us again.
You may still be on the hook to the realtor if he introduced you to the house in question. Check with your lawyer.
(ghurd is having "quote issues" he does not understand.)
(G-)
And you may still be on the hook if you knew the real estate was for sale because of the realtor's sign, classified, website, mass-mailing, etc, or if you contacted the selling or your realtor at any time during, or if you contacted the realtor at any time the house was listed with either realtor or after the listing ended.
The issues get even more complicated if there is a listing (seller's) and buying (your) realtor.
At this point, I'd say the realtors
Will get paid their percentage if you purchase the property.
Even if they have to sue all parties and all et als involved to get it.
Here, they can do it (and they do).
And they can sue for the full market/sale value of the property, plus legal and court costs.
Paying them isn't so bad.
We almost bought a 150x150' corner lot that was "for sale by owner".
Contacted a 'family friend' with experience in this type of thing.
Turns out the deeds on both sides had legal claim to 75' of the 150', leaving a 75x75' plot at the corner (mostly taken up with road and ditch) that was uncontested.
It also left a 75x75' chunk for the 2 neighbors to contest with each other, and the guy who was trying to sell the corner lot.
Last I knew (10 years ago?) they had been arguing about it for 8 years.
The lot is still vacant today.
Someone must "own it" by now.
I am glad it is not me.
G-
i fixed the quote thing for thing for you
Kurt