Pittsburgh, PA asked in Real Estate Law for Pennsylvania

Q: Can a buyer of a home ask for a "seller's assist" after they have signed the contract of a new home?

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1 Lawyer Answer
Charles Snyderman
Charles Snyderman
Answered
  • Wilmington, DE

A: If only the buyer has signed the contract, that is an offer. It does not become a contract until the seller signs too. If only the buyer has signed, the buyer can revoke the offer and make a new offer which includes assistance from the seller. If the seller already signed the contract, the buyer can ask for assistance, but there is no incentive for the seller to agree to it. However, if the buyer needs the assistance in order to get mortgage approval, the seller might agree to amend the contract rather than let this deal fall through and have to search for a new buyer. More information from you would help.

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