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Updated over 4 years ago,

User Stats

400
Posts
305
Votes
Ash Patel
  • Full time investor
  • Cincinnati, OH
305
Votes |
400
Posts

Seller backing out of retail building

Ash Patel
  • Full time investor
  • Cincinnati, OH
Posted

I have a $400k retail building under contract in Ohio and the seller informed my realtor that he wants to back out because of family politics. This was a standard residential contract, all cash and as is.  I read through the forums and couldn't find examples of litigation in this type of case.  I am willing to spend the money to pursue litigation.  The closing is scheduled in 7 days.  Any advice or experience?

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