loulou57 wrote:
Dog Folks wrote:
I can't help but wonder if the OP called the company that approved the financing and causally mentioned that his wife will probably be laid off.
Would the financing approval remain?
I would not think that a good idea. What would happen if the transaction was considered a legal and binding sale. Then the purchaser has no financing approved but still is legally bound to come up with money.
I just hope that things work out in this case so that all parties are happy. My thoughts are with the couple involved. I would like to see this whole mess cleared up without adding any more stress and financial loss.
An outcome with all parties happy sure would be great but doesn't sound very likely. If the dealer did in-fact incur costs as the OP said then the terms of the agreement become more important.
The comments against the dealer are a little premature at this point as nothing has been resolved. The advise to get an attorney is OK but is also premature as well.
The best outcomes in cases like this are usually achieved by both parties discussing the issues and facts and jointly arriving at a mutual agreement. Once one of the parties brings an attorney the outcome is immediately more complicated, as usually more costly.
