Enforcing a P&S contract
We have a signed contract to sell our mobile home for $32,000, 2 weeks ago we agreed & signed to drop the sale price at the buyers request to $29,000, now the buyer says she wants the price reduced to $19,000 or else she won't buy it. Can she do that or can we enforce the $29,000 contract since she signed the agreement also?
Re: Enforcing a P&S contract
If it is a valid real estate contract can try to hold them to it by "specific performance" or by suing for damages. If you end up selling the property to someone else for less, they would owe you the difference.
Re: Enforcing a P&S contract
If it is a valid real estate contract can try to hold them to it by "specific performance" or by suing for damages. If you end up selling the property to someone else for less, they would owe you the difference.
