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.
Tax, SDIRAs & Cost Segregation
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 almost 8 years ago,

User Stats

6
Posts
2
Votes
Serge Suchkov
  • Real Estate Investor
  • Hoboken, NJ
2
Votes |
6
Posts

How to get out of contract after 4 months of not closing?

Serge Suchkov
  • Real Estate Investor
  • Hoboken, NJ
Posted

Hello, I am looking for some legal help here. The situation is this, I have been in contract since the end of December. The seller has not kept their end of the deal (they were supposed to evict a tenant and remove an underground oil tank). The contract does not specify when, as the buyer, I can pull out of the deal. How long can this go on? I am stuck in a weird limbo where I cannot close or walk away. Is there a way for me to get out of this deal and get my earnest money back? I am in NJ. Thanks, S

Loading replies...