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Updated almost 16 years ago,

Tim B's profile image
Tim B's profile image
Tim B
  • Real Estate Consultant
  • from Minneapolis
  • Member since Feb 6, 2009
Connect

User Stats

60
Posts
8
Votes
Tim B's profile image
Tim B's profile image
Tim B
  • Real Estate Consultant
  • from Minneapolis
  • Member since Feb 6, 2009
Connect
Tim B
  • Real Estate Consultant
  • Minneapolis
8
Votes |
60
Posts
General Real Estate Investing

Backing out of a cash purchase

Tim B
  • Real Estate Consultant
  • Minneapolis
Posted

Has anyone had to back out of a cash purchase and then sued by the seller? Seller has no deposit and only 3 days after signing the purchase agreement, no inspection contingency.

Doesn't seller have to sign cancelation agreement to resell property.

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