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Updated over 3 years ago on . Most recent reply

User Stats

27
Posts
7
Votes
Brenda Yogyog
  • Rental Property Investor
  • Santa Clara, CA
7
Votes |
27
Posts

Seller not closing contract

Brenda Yogyog
  • Rental Property Investor
  • Santa Clara, CA
Posted

I was on contract to buy a land in Sacramento through my realtor. I deposited on escrow 10k in January. Seller’s realtor said that his seller and his partner on the land were fighting and the other partner doesn’t want to sign and for that reason it is not closing until now. Realtor said that seller get a lawyer but still his partner is not complying. Seller always say working on it and getting close but no progress til now. Any advice?

Most Popular Reply

User Stats

223
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161
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Michael Magno
  • Real Estate Agent
  • Wadsworth, OH
161
Votes |
223
Posts
Michael Magno
  • Real Estate Agent
  • Wadsworth, OH
Replied

Did both partners sign the purchase agreement?  If so, you could sue them for specific performance and make them close.  Otherwise get a release signed, and get your EM deposit back.  

Otherwise, if both partners didn't sign, you never had an enforceable contract to begin with. 

  • Michael Magno

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