Practical advice for potential plaintiffs
Tribune Media real estate columnist Robert Bruss offers some commentary that ought to make those of us who are part of the legal profession cringe a bit. Advising a buyer whose seller had breached a contract and caused $20,000 in damages, Bruss outlines the legal issues, but then gives the practical answer.
Although $20,000 is a lot of money, by the time you hire an attorney and go to trial, you can easily incur thousands of dollars for legal fees with no guarantee of winning.
Even if you obtain a $20,000 judgment against the sellers, then to benefit you have to collect it. If the sellers have substantial real estate assets, you can record your judgment and then wait perhaps many years to collect, if ever.
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