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Updated 11 months ago on . Most recent reply

Nolan Gottlieb's profile image
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Nolan Gottlieb
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Nolan Gottlieb's profile image
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Nolan Gottlieb
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Nolan Gottlieb
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General Real Estate Investing

Consequences for breach of contract?

Nolan Gottlieb
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Posted

What are my realistic options for a buyer backing out of a contract a day before closing? Lawsuit? There's no EM.

Atlanta, Georgia
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Chris Seveney
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ModeratorReplied
Quote from @Nolan Gottlieb:

What are my realistic options for a buyer backing out of a contract a day before closing? Lawsuit? There's no EM.


 nothing. move on. As an agent representing sellers you should always make sure there is earnest money deposit as part of any accepted offer. 

  • Chris Seveney
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