Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 4 years ago on . Most recent reply

User Stats

157
Posts
121
Votes
Michael B.
  • Newbury Park, CA
121
Votes |
157
Posts

Lawsuit for specific performance

Michael B.
  • Newbury Park, CA
Posted

Currently working through a nightmare portfolio deal with a 76 year old lady. Closing is supposed to be on Friday 8/30. Now, towards the end of the transaction she is suddenly demanding more money at closing - which she said we verbally agreed on. Obviously there was no verbal agreement and I found out that the lady has a medical procedure done on Wednesday and probably wants to stiff arm me out of additional funds. In fact, she just signed another addendum last week (for the terms) but there was no mention of additional funds at closing when I drafted that up and had her sign. I told her yesterday that I will sue for performance if she doesn't show up to closing on Friday. 

Has anybody here ever done a lawsuit for specific performance? How much did it cost you and how long did it take to enforce the contracts. Did you have to show up to testify in person - I don't necessarily want to show up in person. I'd rather do deals lol. 

Thanks a lot for your help everyone!

Loading replies...