Q&A: Can sellers re-negotiate price when we (buyers) are ready to close?
Friday, November 5th, 2010 question of tallwhitegirl1 : Can sellers renegotiate price if we (buyers) willing, in the vicinity are
We have a problem to do with the sellers to increase the purchase price of the house. We were set to close at the end of last month, but got a call four days before the closure say the sellers refuse, their closing costs aufzuerlegen.Der purchase agreement and listing agreement expired in November and no one requested an extension because we wanted to assume their loan, but found out two weeks ago, we were not approved. So we went with a conventional Darlehen.Der only difference between the seller costs include the adoption and the conventional loan is the proportional tax – and we are willing to pay for them. But that the seller absorb the purchase price for all of their closing costs (they have no equity in the home) do erheben.Können them legally, that although the property to sell to? Our agent said that there is a clause that the agreement holds valid, as long as the sale is pending. They can not change the price, right? If they do, we will gehen.de purchase agreement was for both take their mortgage or other means of financing. We were under contract to be any way we want to fund gestattet.Der sale is still pending, so according to our brokers, agents, who has been in business for 14 years – there is a clause that says as long as sale pending, the contract valid. So, the sellers have even a foothold in an attempt to increase the price? The assessment is only for $ 1,000 more than our offer. It’s a buyer’s market here, so there are no other offers. We should not have to pay on the valuation price – I know we can not reviewed the financing of more than what the house Best Answer.
reply ogrendle
A signed contract is a contract. You lose. Trust Agent. If they can not sue in the vicinity because of default. Some states have automatic compensation equal to three times vergeben.Good Luck
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