Seller threatening to break contract to put back on market (for more $)

[Stan Tallman]

I have a small SFR under contract that's being sold by a flipper. It's a turn key, good flip with a few minor issues. We asked for a reduction in sale price for an AC not working and a clogged cleanout drain (concrete/construction debris fell in?). He said he's not fixing a thing, and furthermore, said he wants out of the contract so he can sell it for a higher price. What are the PRACTICAL remedies if he does indeed decide not to sell or show up at closing. I have a small amount of investment (inspections) in it now. I know I can sue him for breach, but what will that get me? Can I get either money (how much typically...worth the attorney fees?) or make it hard for him to turn around and put it back on MLS? (leverage him before he acts?) Thx

[Russell Brazil]

Quote from @Stan Tallman:

I have a small SFR under contract that's being sold by a flipper. It's a turn key, good flip with a few minor issues. We asked for a reduction in sale price for an AC not working and a clogged cleanout drain (concrete/construction debris fell in?). He said he's not fixing a thing, and furthermore, said he wants out of the contract so he can sell it for a higher price. What are the PRACTICAL remedies if he does indeed decide not to sell or show up at closing. I have a small amount of investment (inspections) in it now. I know I can sue him for breach, but what will that get me? Can I get either money (how much typically...worth the attorney fees?) or make it hard for him to turn around and put it back on MLS? (leverage him before he acts?) Thx

 The ball is in your court. You either buy the property or you choose not to. You can't force them to make repairs or lower the price. So make your decision.