Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
How much money to sign a release of sale and cancelation document
I have a very rare case, at the time of closing the seller decides not to close and cancel the sale, obviously he couldn't because we are under contract and I told him that we would take legal action to make the closing, to which he tells me "How much money would it take to get you, as the buyer, to sign a release of sale and cancelation document?". I have not heard of a similar case and I don't know how to handle it, should I continue to force the closing or should I request the money, and in that case, how much should I request?