Seller wants to back out of contract

[Tracy Kirby]

We have been under contract since 4/30 and doing a 203 k loan which requires more paperwork and takes a little longer. We are ready to close and have already come back from underwriting and just waiting on appraisal. The seller refused to allow the appraisal and wants to back out of the contract to sell us the house. How long does it take to take legal steps against this seller? Is it normally 100% the buyer will get awared to purchase the house? We dont want to put money up to go through legal steps if it will end up in same resolution of not getting the house. 

Thanks

[Wayne Brooks]

Have you passed your deadline for loan approval or closing and the problem is the seller won’t sign an extension to the contract? If so, he has every right not to do so.
Hopefully you allowed at least 60 days to close a 203k. You could have ordered the appraisal earlier in the process....most people don’t want to spend the $500 until they know they are approved, but it usually leads to “we are just waiting on the appraisal”.