We have foolishly signed 2 addendum, the first when our agent said we would be in breach if we didn’t sign. We received it on a Sunday morning and the buyer 5 day option expired at 5:00 that night. That addendum lowered the price in lieu of repairs.
Two days later, without warning, another addendum was presented giving buyers 21 days to secure funding. Our realtor did not explain that to us. She simply said it was standard 3rd party required documentation.
Now at 9:00 pm on 10/11 we receive a forwarded email saying ANOTHER signed document is required. Buyer 21 day addendum ends Monday. I contacted an attorney who told us do not sign another document and terminate this sale. We are overwhelmed.
Can we refuse to sign yet another addendum and this legally termites the sale. Buyers will use Hurricane Milton as reason for delay, although appraiser met the deadline. Buyer agent is aggressive. She’s the mother and inspector was a friend.
In the meantime we are now facing a possible cancer diagnosis. We do not have other living arrangements. We have medical tests on 10/25.
Can we terminate if they don’t have funding and we refuse to sign another document. The VA lender is saying it’s because the language changed and buyer AND seller must sign. It hasn’t been presented. They discovered this 17 days into their 21 day extension?
We’re in our 70s and feel utterly abandoned by our realtor. Can we put a contingency that says we have the right to terminate if we receive an unforeseen cancer diagnosis, especially because we do not have other living arrangements? Can we refuse to sign whatever they’re preparing.
We thought we had an attorney but don’t.
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source https://www.reddit.com/r/RealEstate/comments/1g2kqqn/buyer_keeps_adding_addendums_and_seller_agent_is/
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