We have a situation where the seller had made arrangement to pay rent, in order to buy the house we are living in now. We recently did the closing for the house, all the documents are signed, the deed is in our names, and we have a bank ready to give us a home loan. Now the seller is saying they don't want to sign ONE document, and we don't know why.
my question is.. Can a seller relist a property (legally) or back out and try to get more money then what they agreed on with us initially?
~CHRISTINA~
i would like the answers.. sent to my email... diversecityfan@hotmail.com
thank you
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Thread: Seller backing out
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05-07-2007 09:30 PM #1
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- May 2007
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Seller backing out
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05-07-2007 09:45 PM #2
- Join Date
- Jan 2007
- Location
- Morristown NJ
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- 1,579
Re: Seller backing out
Hi Christina,
All depends on your States law. What state are you in? Who did your closing/settlement? Have you spoken with a Real Estate Attorney? Was this deal handled though a Realtor or was this a FSBO type thing?
My suggestion would be to contact a Real Estate Attorney in the morning and get them all the facts.
Jim
zip code 07960 morris twp njJames Boyer
RE/MAX Properties Unlimited
Morristown, NJ 07960
973-647-0253
Serving the Real Estate markets of Morristown, Morris Township, Madison NJ Real Estate, Chatham NJ , Summit, Short Hills, Millburn, Maplewood, South Orange, & West Orange Referals happily given and accepted. For information on home sales in New Jersey please contact. Morristown NJ Real Estate Madison NJ Real Estate Chatham NJ Real Estate
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05-07-2007 10:27 PM #3
- Join Date
- Dec 2006
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- 507
Re: Seller backing out
Agreed. I would talk to a real estate attorney on this one.
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