Looking to back out of buying a house..

[Bonita]

I was going to purchase a house with my husband. We gave $135,000 for upgrades in the new home. Because they are my friends, we do not have a contract signed with them at the moment. My husband and I are separated and I do not want to go ahead with the purchase.The $135,000 was taken from a line of credit (in both mine and my husband's names) but the line is against a home I currently own alone. Can I legally get the money back that we have given them?

[florida man]

bonita

i find it hard to believe your friends would not have a contract, nor would you and your husband shell out 135k without a contract. If this is the case, you have no legal cause to get your 135k back, now do you?

I would suggest that you PURCHASE the house and keep it quiet, because if you back out - how does your friends give you back the 135k? I guess if they were TRUE friends, they would then say ok, sell the house, and give you back the 135k if it sold for 135k more because of the upgrades.

However, i dont believe that your scenerio is real case. I think you made it up.

[Greg]

banned..