My fiancé and I are looking to purchase a home. We found one and the seller accepted our offer and both parties signed the contract. The sale was contingent on my fiancé selling his home. On the day of the deadline the house wasn’t sold but he stated he would drop the contingency and move forward with the purchase anyway. The seller’s realtor never told this to the seller and he instead sent him termination of sale paperwork (which he did not sign). The next day the seller signed an offer with another buyer. Come to find out the realtor was working for both the seller and the new buyer. What legal action can be taken if any? The realtor intentionally did not inform the seller the contingency would be dropped before the deadline was up.
[link] [comments]
source https://www.reddit.com/r/RealEstate/comments/1dzs8zd/seller_backed_out_of_contract/
Comments
Post a Comment