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I have a contract after waiting months for the bank to approve it they did, I have had an inspector come in and the appraisal is done. I now find out the seller is trying to back out because she thought she would get money back and does not like her agent
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So long as your contract has not expired your seller does not have the right to terminate the contract. You may want to consider hiring an attorney to send the seller a letter explaining that he or she is bound by the terms of the contract and refusal to close will only result in severe legal consequences.
Answered on Jul 07th, 2014 at 1:12 PM
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