- Moderator
- #1
- Joined
- Feb 3, 1998
- Messages
- 24,363
- Reaction score
- 7,790
- Age
- 65
Offline
A friend of mine, after negotiations, accepted a signed offer (contract) on her home this past Sunday. Today the buyer has pulled out of the deal stating that his wife decided that she didn't like the house.
Aside from the earnest money is there any further recourse for my friend? Does the 3 day buyer's remorse deal hold up here?
To top this off the buyer wanted to the deal to be in place by noon this past Sunday because the house was scheduled for an open-house from 2 - 4 on Sunday afternoon. The realtor is now getting in touch with the 15 potential buyers that came to the open-house. The house has not been shown since Sunday due to the contract where it was shown nearly every day prior to the contract being in place.
Aside from the earnest money is there any further recourse for my friend? Does the 3 day buyer's remorse deal hold up here?
To top this off the buyer wanted to the deal to be in place by noon this past Sunday because the house was scheduled for an open-house from 2 - 4 on Sunday afternoon. The realtor is now getting in touch with the 15 potential buyers that came to the open-house. The house has not been shown since Sunday due to the contract where it was shown nearly every day prior to the contract being in place.