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Updated about 16 years ago on . Most recent reply presented by

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Ken B
  • New York
0
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28
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Legal advice for a wholesale deal in NY

Ken B
  • New York
Posted

Legal advice needed: assignment deal in ny

what is the best way to decline a contract with a buyer who is a deadbeat?

I have other prospective buyers who are motivated but am hesitant to speak to others due to my contract with the first buyer. Initially, the first buyer and I have spoken about the contract and negotiated about the home, however, he has prolonged the process due to inconsistency (Since February).

I am committed to selling the home but am afraid i will need to break my contract with the first buyer to get the deal rolling. What do i do ?

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