Hi,
Don't know why am I coming across all these problems. Here is what is happening now. Buyer signed a contract last Tuesday to purchase a new house that I just finished. He puts down 3000 earnest money. This Tuesday I get a call from my Agent saying that the Buyer wants out. He also wants his 3000 earnest money back. His reason is that he received an at work email about re-organization of some DOT departments. When was the last time a state employee got laid off?
History about the buyer. I was at the site, when the buyer walked in with his agent, and he loved the house. Right after the meeting he calls me and asks me to lets fire both of our agent to save. I said this is wrong, and advised him to not do that because its not fair. He made me lower the price of the house from 344900 to 330000, and now the above situation. What should I do? Don't pay their earnest money and enforce the sale? If they refuse take them to court? Help please
Thank you in advance
2007-10-31
19:20:11
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7 answers
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asked by
John B
2
in
Renting & Real Estate