I had listed my house with real estate who got me offer and we accepted it .The buyer removed the subject and paid $10000 deposit. Now i like to back out have offered to pay the buyer $10000 plus another $20000. But buyer refused to accept is their any way that I can back out.
2007-03-25 17:59:31 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Usually the deposit is returned, and you have to pay the percentage of commission agreed upon to the realtor. It varies state to state.
2007-03-25 18:13:57 · answer #1 · answered by lyyman 5 · 0⤊ 0⤋
Read and know your contract and do not give an inch. If the buyer defaults on even the smallest of details (as long as you are 100% on) you can void the contract.
But, really, you should not have entered into a contract that you did not want to pursue.
2007-03-30 00:56:28 · answer #2 · answered by walkinandrockin 3 · 0⤊ 0⤋
Read the contract, perhaps call the real estate office, and what the heck is a subject (that was removed)?
2007-03-26 01:06:01 · answer #3 · answered by netthiefx 5 · 1⤊ 0⤋