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re: Need the OT board's help - seller backing out of selling a house
Posted on 3/29/25 at 1:50 pm to Stidham8
Posted on 3/29/25 at 1:50 pm to Stidham8
Then you are probably out of luck. You cannot make them show up and sign and sell, they simply will not go to the closing or sign any papers, preventing the transaction.
0
Posted on 3/29/25 at 3:08 pm to Stidham8
quote:Theres your first problem. While legal (at least in Alabama) I have always considered it to be a terrible idea.
The listing realtor and our realtor work in the same office and also were blindsided. They're mad too.
Posted on 3/29/25 at 3:11 pm to FightinTigersDammit
quote:
Verbal contracts can be enforced under certain circumstances/jurisdictions.
Not for the sale of land.
Posted on 3/29/25 at 3:33 pm to Stidham8
"Relocation company" not having a signed contract right away from the sellers. Sounds like the sellers were mulling it over during the week
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Cart before the horse....
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Cart before the horse....
Posted on 3/29/25 at 3:40 pm to Stidham8
You can sue for specific performance but it’s not worth it. Complete waste of money and time. Just get your EM back and tell them to throw in inspection expenses and whatever else you spent. If they don’t pay, kneecap the guys wife.
Posted on 3/29/25 at 4:46 pm to Stidham8
quote:
They don't want to sell the house anymore at this time.
Had a buddy that went through this issue. 3 years later he is in the house.
Posted on 3/29/25 at 4:47 pm to FightinTigersDammit
In Alabama verbal is the same as written...where is the EM?
Posted on 3/29/25 at 5:27 pm to Stidham8
This doesn’t make sense.
- You submitted an offer to purchase the home at a certain amount. If the seller didn’t sign accepting the offer, you aren’t under contract.
- Why would you pay earnest money if
you’re not under contract? You should easily get that money back, by the way.
- Why would you pay to have the home inspected if you weren’t under contract?
Your realtor should get quickly get your earnest money remitted back to you, reimburse you for the inspection, and promptly be fired.
- You submitted an offer to purchase the home at a certain amount. If the seller didn’t sign accepting the offer, you aren’t under contract.
- Why would you pay earnest money if
you’re not under contract? You should easily get that money back, by the way.
- Why would you pay to have the home inspected if you weren’t under contract?
Your realtor should get quickly get your earnest money remitted back to you, reimburse you for the inspection, and promptly be fired.
Posted on 3/29/25 at 5:31 pm to Stidham8
If you have a contract signed by all parties you can enforce it. If not you are out of luck.
Posted on 3/29/25 at 6:21 pm to LaBR4
Not gonna lie, I had a thing for that older chick in that show. I woulda tore it up.
Posted on 3/29/25 at 6:22 pm to Stidham8
Did the house smell like curry?
Posted on 3/29/25 at 6:23 pm to SalE
quote:No it isn’t.
In Alabama verbal is the same as written
Posted on 3/29/25 at 6:24 pm to GentleJackJones
quote:
This doesn’t make sense.
- You submitted an offer to purchase the home at a certain amount. If the seller didn’t sign accepting the offer, you aren’t under contract.
- Why would you pay earnest money if
you’re not under contract? You should easily get that money back, by the way.
- Why would you pay to have the home inspected if you weren’t under contract?
Your realtor should get quickly get your earnest money remitted back to you, reimburse you for the inspection, and promptly be fired.
We had assumed they signed and it was a done deal. The sellers were out of the state looking for houses to buy where they are moving. I think the realtors thought they would give them a couple days to get things signed assuming they had nothing to worry about. It caught both the listing realtor and our realtor by surprise when they heard last night that they weren't planning to sign.
Now the sellers aren't answering phone calls from their listing realtor. The only communication they've had has been texting their listing realtor a way to get us our inspection fee money reimbursed to us.
They know what they did was wrong and probably are embarrassed to talk to their realtor over the phone.
This post was edited on 3/29/25 at 6:26 pm
Posted on 3/29/25 at 6:26 pm to llfshoals
quote:
If your realtor didn’t advise you against having an inspection done on a house you don’t have under contract, fire your realtor and get one who knows what they are doing.
I have never heard of getting a inspection done on a house that’s not under contract. Why would you do that?
Posted on 3/29/25 at 6:26 pm to Stidham8
I’m just a baw but sounds like you’re SOL
Posted on 3/29/25 at 6:28 pm to Stidham8
The yard sign saying under contract means absolutely nothing
Posted on 3/29/25 at 6:29 pm to Townedrunkard
quote:
I have never heard of getting a inspection done on a house that’s not under contract. Why would you do that?
Our realtor assumed it was a done deal because we were "verbally" under contract and she knows the listing realtor because they work in the same office. They both got caught with their pants down.
Posted on 3/29/25 at 6:45 pm to Stidham8
quote:
Our realtor and the listing realtor were blindsided by this "Relocation company" not having a signed contract right away from the sellers.
This is the story we need to explore.
You’re paying someone 3% to assist with a home purchase…and that person advised you to write a check in exchange for a verbal agreement. If you’re still looking, I’ll give you anwful advice for just 2%.
Posted on 3/29/25 at 6:49 pm to Stidham8
Statute of Frauds is probably going to get you here. It requires that contracts for land/real estate be in writing and signed.
You probably won’t be able to force them to sell, but you should be able to get your earnest money back.
You probably won’t be able to force them to sell, but you should be able to get your earnest money back.
This post was edited on 3/29/25 at 6:52 pm
Posted on 3/29/25 at 7:42 pm to Townedrunkard
quote:You shouldn’t. I have more than once talked buyers out of doing inspections before being under contract.
I have never heard of getting a inspection done on a house that’s not under contract. Why would you do that?
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