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Updated over 5 years ago on . Most recent reply

User Stats

22
Posts
3
Votes
Kenny Charles
  • Rental Property Investor
  • New York, NY
3
Votes |
22
Posts

Need help. Weird situation im in!

Kenny Charles
  • Rental Property Investor
  • New York, NY
Posted

Quick question....I am a wholesaler in NJ, I initially agreed on a purchase and sale agreement with the seller on a specific price.

However when doing title, I had to change purchase price to help her with a judgment amount that popped up.

Our closing is tomorrow all paper work has been sent, all we needed was her to sign the addendum stating the new purchase price and everything else stays the same.

However her attorney advised her not to sign the addendum (note:were using title company to close)

She wants us to draft another purchase and sale agreement instead with the same terms and closing date which is tomorrow.

Is this a big deal or there issues that I should be worried about when doing this????

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