Need some advice on how to proceed with the situation:
We signed our part of the contract to buy a property, give 10% earnest money, but the owner is passed away without signing his part of the contract. Now, after 3 month, the seller's family telling us that other prospective buyers offering more and want us to raise a price.
Any ideas how to handle this situation?
Ask for your deposit back , see if they take your original offer
YOu deserve your money back, or try to get new seller to accept your offer. Since seller never signed contract, you dont have a contract as far as I can see.
It takes 2 to make a contract your contract wasn't valid with out both parties signature's
Yes. You either sweeten the deal or ask for EMD refund.