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Updated almost 4 years ago on . Most recent reply
Signed offer cancelled by seller
Hello everyone,
We just signed an offer upon inspection. The seller accepted another offer last night which was a little higher than ours without inspection. The offer was signed by both parties and lawyers. I was wondering how the rules are in NYS and if the seller can cancel a signed offer. Can I do something about it at this point? Thanks
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
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- Real Estate Professional
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@Zhila Hoo I believe NY has a mandated “attorney review” period and either party can cancel during this period for any/no reason whatsoever. Has this period passed?