Updated over 5 years ago on . Most recent reply
Whole Sale question (P&S)
Hi all,
I have a potential seller who is in a bind and wants to back out of a P&S agreement they signed with another buyer due to the amount of time it is taking to sell property. They don't know if they will have to pay a fee to back out. I want to help them out any way I can. The house is a two family that has fire damage to the second floor so that is another reason why the buyer is putting extensions on buying. They are assessing the whole house and property but like I said the buyer wants it gone ASAP.
What can I do and what can the seller do to back out since that is what they are asking for help with.