Asked by Tracy, 60160 • Wed May 14, 2008
I have a signed contract on my mobile home. we are supposed to close tomorrow, however that has been delayed due to my buyer's financing. He was having issues getting approved, but now is approved. Now he is stalling because the homeowners insurance for him will be $474/year. I offered another $500 off selling price if he closes quickly. I have a contract on a house that I am supposed to close on contingent upon the closing of my mobile home. Do I have any recourse if he backs out of the contract? Can he just back out of a contract? My realtor is a flake and doesn't have a straight answer about whether or not she collected the $1000 escrow. WHAT ARE MY OPTIONS? I don't want to lose my new house, because I will be out money for appraisal and inspection. ALL answers are appreciated. Thank you.
Real Estate in Melrose Park
Popular Categories in 60160
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!