Home Selling in Yuma>Question Details

Dona Beck, Real Estate Pro in 11690

I have the Buyer in a short sale, the contract has been accepted by the seller and the lender.

Asked by Dona Beck, 11690 Mon Sep 17, 2012

We are 18 days from the closing date, can the sellers cancel this contact.

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Dona,
The answer isn't a simple yes or no unfortunately. It depends on a few variables- whether or not the other Realtor wrote in a release clause, what that release clause states if there is one, on what grounds would the seller be cancelling and also in part on how much it would matter to the seller if your buyer opted to go after them for breech of contract. Discuss your options to play hardball with your Buyer and your Broker before you let the seller off easy. :~}
0 votes Thank Flag Link Tue Sep 18, 2012
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