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Updated over 5 years ago on . Most recent reply

User Stats

36
Posts
13
Votes
Tyler Faison
  • Rental Property Investor
  • Dallas, TX
13
Votes |
36
Posts

Seller Won’t Sign At Closing?

Tyler Faison
  • Rental Property Investor
  • Dallas, TX
Posted

We close on a property next week on a deal I was certain the seller would never sign the contract on to begin with, for emotional reasons. If he doesn’t close, obviously he’s in breach of contract. Just curious how others have handled litigation after something like this.

Most Popular Reply

Account Closed
  • Specialist
  • Paradise Valley, AZ
2,935
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3,447
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Account Closed
  • Specialist
  • Paradise Valley, AZ
Replied
Originally posted by @Tyler Faison:

We close on a property next week on a deal I was certain the seller would never sign the contract on to begin with, for emotional reasons. If he doesn’t close, obviously he’s in breach of contract. Just curious how others have handled litigation after something like this.

 I once had a closing that took 4 hours. The husband didn't want to close and from what I heard that is just the way he is. It was emotional. Finally he signed and all was well. I left it up to the closing agent. That's what they get paid for.

Personally, I would not sue someone for breach of contract for not signing. I might threaten through my attorney but the cost and time aren't worth the deal. It's better to find someone who is cooperative.

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