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All Forum Posts by: Linfeng Gou

Linfeng Gou has started 1 posts and replied 2 times.

@all, thanks for the response. I am in PA. Understand it might not worth the effort, just thought it is unfair that the buyer would loss the deposit if breaching a contact yet for the seller it normally becomes little to no risk for walking away.

Dear all,

New investor seeking advice here. Signed a contract with an original closing date 11/8/19, a few days before closing seller said title company found out there was a restriction that the seller needs to remove before the title can be transferred. So we agree to an extension to Dec, so that he can go to court and get the restriction removed. Before Dec.8 he informed me he has a court date on Dec 10 and the restriction removal might take place till next Feb, since I like the deal a lot I agreed to extend again but now my agent told me the seller does not want to sign the extension. Should I move on, should I find a lawyer to sue? Not that I cannot walk away but the way the seller behaved definitely left a sour taste in my mouth... Any suggestion would be appreciated. Thanks in advance!