QUESTION
What makes a contract legally binding?
Asked on Jun 24th, 2022 on Real Estate - Pennsylvania
More details to this question:
A neighbor agreed to sell me a house he owned after he renovated it. We typed up a contract stating that he would sell us the home for $200,000. Renovations have taken over a year and he now wants to sell it to us for $235,000 but we can’t afford that. And now he is trying to charge us for utilities for the house for the past 6 months. We’re devestated because he’s an old family friend. We didn’t go through lawyers or realtors to make up the contract, it was something we just put together. We helped design the house. We put down payments on the appliances. We put money into some brick work. Do we have legal recoutse to hold him to the original agreement?
1 ANSWER
Foreclosure Defense Attorney serving Bethlehem, PA
Partner at
Law Office of David Kennedy Bifulco, P.C.
2 Awards
Without seeing the contract it is impossible to give you proper recommendations. If it is in writing and signed by all parties you may have some recourse to force him to sell you the property for the agreed upon price. You should contact a local real estate attorney and you can also contact me by visiting my website or calling my office for more information. The following link is my webpage Law Office of David Kennedy Bifulco .
Answered on Aug 06th, 2022 at 8:48 AM