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Updated about 1 month ago on . Most recent reply

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Jason Reider
1
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13
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Seller Stopped Responding

Jason Reider
Posted

I'm under contract on my second house hack property and first duplex. From the start, something seemed off with the seller and/or the seller's agent. They took 3 days to sign the contract after verbally accepting my offer. In general, the seller's agent has been mostly unresponsive to my agent's calls/texts/emails. Due to this and the fact there are currently tenants in both units, it took longer than we wanted to get the inspection scheduled last week. After the inspection, we sent a request with a mortgage contingency date extension (because it was also difficult to schedule this with the agent), a credit for termite treatment and an extension for the closing date which would allow one of the current tenants to move out at the end of this month (when their lease is up) before closing. The seller had until EOD today to respond. Last week, the seller's agent said the seller had no problem with the requests and would send back the signed document ASAP. Then on Friday night, the seller was in an accident which delayed his signing of the document but we were told he would still be sending it. I'm not sure I even believe that at this point. Fast forward to the end of today and we still haven't received a signed document, so my agent had to send over a letter of termination to protect my deposit. 

I've now spent over $1,500 between the inspection and appraisal. Is there anything I can do to recoup any of that money or am I SOL? I feel like I've been played and I'm not even sure why. Has anyone experienced anything like this before? 

  • Jason Reider
  • Most Popular Reply

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    579
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    Samuel Eddinger
    • Meriden, CT
    436
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    579
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    Samuel Eddinger
    • Meriden, CT
    Replied

    You are SOL.  Since you decided to change the contract by asking for a concession (which invalidates the existing contract), you will not be able to sue for specific performance.  This is unfortunately part of the game that we play.

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