Asked by Wtxcowgirl, Texas • Sun Apr 26, 2009
We the buyer have turned a contract to purchase a home that is deeded to be 6 lots. In the title search process it was found that 2 of the lots were not included in the purchase to the Seller when they purchased the property. Now they are trying to find the original seller to get those lots signed off, but at this time have failed to do so. Us the buyers have decided to look for other property What rights do we have to cancel to this Contract which is supposed to close on or before June 26th?
We put up earnest money also and what rights do we have to that?
What can the Seller do to us for cancelling the contract?
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