My mother-in-law signed on her house with the buyer and after signing the buyer backed out of the contract.
Oh and it was a week later that they backed out.
thank you everyone i have my answer now you were so much help
My mother-in-law signed on her house with the buyer and after signing the buyer backed out of the contract.
Oh and it was a week later that they backed out.
thank you everyone i have my answer now you were so much help
smedrik said:
Oct 05, 09 at 3:07 amThat depends on whether or not there were contingencies attached to the offer.
azrealestate09 said:
Oct 05, 09 at 7:15 amThere are a lot of "depends" with this question… If there is an inspection clause in the contract (which most do) the buyers can back out during the "inspection period" with no penalty.
Expert_Realtor said:
Oct 05, 09 at 1:03 pmDepends on how the contract was written.
It must be a state-approved real estate sales contract.
If it was, then the answer is no.
jlf said:
Oct 05, 09 at 2:18 pmDepends on the specifics of the contract.