Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

9
Posts
0
Votes
Josh Widener
  • Portland, OR
0
Votes |
9
Posts

Can a seller back out if I change lenders?

Josh Widener
  • Portland, OR
Posted

Hello

I just received a termination notice from a seller with whom I was in contract with on a duplex. We agreed to terms on repairs after the inspection and I received the termination a few days later with the reason being that I changed lenders. I know the real reason is that they decided they did not want to pay as much as agreed to but gave the excuse of the lender change. Is this a legit legal reason to back out? 

Thank you

Loading replies...