breach of verbal contract?

breach of verbal contract?
I was talking with a mortgage company about purchasing a house on land contract. The person in question told me that if I took the money that I had saved and paid off my credit report that he would purchase the house we were discussing and sell it to me on land contract until I was able to obtain a mortgage through the company. He would then roll the downpayment, and all the closing costs into the mortgage so that I wouldn’t have to worry about any of that. I did what he told me and paid it off. Now he is refusing to follow through and I am without the funds to finance a move into a rental. Would this be considered a breach of contract even though it was verbal?

One thought on “breach of verbal contract?

  1. Re: breach of verbal contract?
    it is not enforcable under the statute of frauds. This is a statute that requires contracts for real estate to be in writing. Visit to discuss. Tim Klisz

    Timothy Klisz
    Klisz Law Office, PLLC
    39111 W. Six Mile Rd.
    Livonia, MI 48152

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