The Estate Attorney may recommend the Estate sue you for "specific performance" to require you to continue with your purchase. My guess is the attorney probably wants to get the estate closed and funded so he/she can also get paid so they will probably just immediately sell it to another buyer.
You may need to hire an attorney to represent your interests if they decide to "force" you to honor your contract.
All the best,
My opinion is based on years of experience as mortgage and real estate broker and does not constitute any legal advise. Please consult with a lawyer.
Iliana Ivanova P.A.
Licensed Real Estate Broker
Charles Rutenberg Realty
Atlantic Properties International
There are many, many aspects to this real estate situation that extends well beyond the contract to purchase the house. As others have noted, it may be worthwhile to consult an attorney.
it is hard for me to understand folks not wanting to do the right thing. Unfortunately the 'right thing' and the legal rights of others are not synonymous. We do live in a litigious society.
This added stress is unwelcome as you must sort through the issues regarding the path you are forced to walk. For you, and those important to you, your health needs to be the prime mission. Live with the expectation those involved will do the right thing, and celebrate each victory with real expressions of gratefulness. Consulting an attorney could prove beneficial.
I wish for you the very, very best.
But you have to refer to your Agent Broker and read all the addendums on the contract if no solution, you have go to a Real Estate Attorney.
Pedro E Lopez P.A., CDPE
Certified Distressed Property Expert
Solving the foreclosure crisis one home owner at a time.
Best of luck.
However, if you buy subject to a loan, with your new medical situation and medical/tests results, your lender may turn you down, therefore you can not close (IF you buy subject to obtaing a loan), therfore you should keep your deposit....
Again, I suggest you consult a real estate attorney; I'm not one and this is not a legal advice....
Best of luck