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Buying & Selling Real Estate

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Nick R.
  • Dallas, TX
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Buyers financing fell through. Do I have any recourse?

Nick R.
  • Dallas, TX
Posted May 8 2014, 06:10

Here's the scenario. After agreeing on sale price and having their inspection, the buyers and I agreed in a repair amendment that I would make certain repairs to my property which ended up costing me approx $4,500. Now, we are out of the option period and with just days left until closing they went out and bought a new car! Needless to say they can no longer get financing for the house. They are in breach of contract and I will get their earnest money but I'd really like to know if I have any legal recourse to take regarding all the repairs I had made as we had agreed to in the contract?

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