Skip to content
Wholesaling

User Stats

42
Posts
4
Votes
Tamarra Banks
  • Real Estate Investor
  • Baltimore, MD
4
Votes |
42
Posts

What to do if seller wants out of already signed contract?

Tamarra Banks
  • Real Estate Investor
  • Baltimore, MD
Posted Mar 30 2011, 07:36

I think i see my first deal going bye bye.I already have a signed contract and my time period to find a buyer is not up yet. The seller wants to now sell property to a family member. He says the family member has title company lined up.I have a potential buyer who is supposed to get back to me. Do i just let the time period expire and allow him to sell to family member or do i hold him to our contract he signed and proceed with finding a buyer.The only one i see losing in this situation is me.

Tamarra

Loading replies...