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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 3 times.

I did smell a rat through the RE agent, she was the one that mentioned the other property for sale for 180k. At first when the tittle company found a lien, she was supposedly worried, I told her RE agent, that it was ok. To create an addendum that states that I would handle all the cost related to it. It's been 3 days since, what is there more to think?

This is paragraph 15 of our contract, I guess, I'm f-ed.

  1. (b) SELLER DEFAULT: If for any reason other than failure of Seller to make Seller’s title marketable after reasonable
  2. 311 diligent effort, Seller fails, neglects or refuses to perform Seller’s obligations under this Contract, Buyer may elect to
  3. 312 receive return of Buyer’s Deposit without thereby waiving any action for damages resulting from Seller’s breach,
  4. 313 and, pursuant to Paragraph 16, may seek to recover such damages or seek specific performance.
  5. 314 This Paragraph 15 shall survive Closing or termination of this Contract. 

No I'm not using a realtor, my believe is that the seller is holding off because she wants to sell the property for more. The sales price in our contract is 130k and there's one for sale just like it for 180k. 

Hey,

I need help, I've been trying to purchase this property for almost a month, and now that we're set to close the seller does not want to sell anymore. We signed our contracts about a month ago, this week after the seller's REA said that the property had no liens, the tittle company found one. I told the sellers REA that it's okay, I'll handle the lien my self after closing. The REA created an addendum stating that i'll take care of the lien but now the seller does not want sign it or close and wants to cancel everything. Is there anything that I can do to force her to sell me the property. I know that there are laws that will protect me from her breaching the contract. The issue is the our contract expires this upcoming week. The property is a condo, so we're still missing approval of the association, does that force the seller to extend my contract by law. I paid the association extra $ for them to have the association approval before the contract due date, but I can tell them to delay it on purpose. I have to move by the end of the month where I live, and i need this to go through. I need suggestions on what to do? Has anyone dealt with anything similar? 

Thanks