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Updated about 8 years ago on . Most recent reply presented by

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32
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Andrew Marzec
  • Contractor
  • Hoboken, NJ
7
Votes |
32
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NJ- seller a no show at closing

Andrew Marzec
  • Contractor
  • Hoboken, NJ
Posted
Hi All, I was under contract to close on a multi-fam in NJ. My closing date was scheduled for 4/19 but the seller was trying to make changes to the original contract. So since negations we're not complete on 4/19 we postponed the closing. A few days after that he was still trying to get us to agree to the changes or he said he would back out. We only wanted to move forward with the terms of the original contract. My lawyer sent a time of essence letter to his lawyer with a closing date of 5/4. Needless to say the seller did not show. He sent an email the night before to his lawyer stating family issues and a lot of other bs reasons why he could not sell the house. Has anyone had this issue before? how should I proceed? Thanks!

Most Popular Reply

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2,281
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Eric James
  • Investor
  • Malakoff, TX
2,516
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2,281
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Eric James
  • Investor
  • Malakoff, TX
Replied
I like @Jeff Greenberg 's advice. if the seller still hopes to sell the property you may be able to prevent that through legal action (or at least the seller should come to realize that).

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