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I was the winning bidder on hubzu and we signed a contract . I followed the rules and send the deposit within the proper time limit and closing had been set for November 22. Yet even it is a simple cash transaction the deal didn't close and seller asked for extension till December 20. Deal again didn't close and now I was told that the title company is still waiting for a power of attorney to issue a clear title. It supposed to come from a investor. I asked for some time line and was told that they don't know so if I don't want to wait we can cancel the contract. I don't want to cancel the contract since I already put so much time in it but I don't think that this type of sale is legal. Anyone has any ideas how to get this closed.?
5 years ago
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Hubzu has a 4.2 average rating from 606 reviews