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Updated over 11 years ago on . Most recent reply

User Stats

56
Posts
3
Votes
Curtis Daniels
  • St. Louis, MO
3
Votes |
56
Posts

Reducing the selling price of the buyer

Curtis Daniels
  • St. Louis, MO
Posted

I found a seller and a buyer. I've had a binding contract with the seller for about a month now, but the seller and I both came to an agreement to go down a few thousand on the house in order for us to sell it to my end buyer.

The title company already has the contract and told me,

" We will need either an amendment to the contract or a letter signed by all parties agreeing to the price reduction."



I don't want to amend the contract.

What kind of letter do I come up with? Some kind of letter in my own words?

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