Mr. Buckingham is correct. You can report the fraud. BUT it may upset your real estate transaction. Which is more important to you... closing your deal .... or putting people in jail? Yes you can have several civil claims to go after wrongdoers, but what is the practical effect of going after them. If they are criminals its difficult to find their assets and achieve compensation. A judgment for a million dollars that is uncollectible will not pay your bills. So sit down with an attorney and examine what its going to cost you to pursue civil litigation. In my neck of the woods to get a case to trial on average is about $35,000 to $50,000. Is your case worth that expense if you can't find a lawyer willing to take it on a contingency?
Renay Grace Rodriguez Real Estate Attorney
Posted about 14 years ago.
Mr. Buckingham is correct. You can report the fraud. BUT it may upset your real estate transaction. Which is more important to you... closing your deal .... or putting people in jail? Yes you can have several civil claims to go after wrongdoers, but what is the practical effect of going after them. If they are criminals its difficult to find their assets and achieve compensation. A judgment for a million dollars that is uncollectible will not pay your bills. So sit down with an attorney and examine what its going to cost you to pursue civil litigation. In my neck of the woods to get a case to trial on average is about $35,000 to $50,000. Is your case worth that expense if you can't find a lawyer willing to take it on a contingency?