Expenses incurred buying a house can be a risk

Samuel J. Tamkin

Expenses incurred buying a house can be a risk

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SAMUEL TAMKIN is a Chicago-based real estate attorney with more than 20 years of experience working with residential and commercial clients. Q: I tried to buy a house. I applied for a loan, and the bank processed it as a Federal Housing Administration loan instead of a conventional loan. The house I was buying failed the FHA inspection, and I did not buy it.
Then I tried to buy another house, and two days before the closing, the bank asked me to do some repairs. The seller refused to extend the contract, and on both houses I lost money. Can I sue to get my money back for the inspections and appraisals?
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