Q: we are all set to close on our house and now the seller is going to cancel the contract. can they legally do that?
we have done everything in a timely manner no delays on our part. we have put alot of time and money into this now a week before our closing date they want to cancel the whole deal
A:
No one can answer that question without reviewing the purchase and sale contract and a lot more information. You may be entitled to sue for "specific performance" of the agreement, if it is valid and binding. Specific performance is the the right to have the contract enforced and to required the seller to convey the property as specified in the contract. Alternatively, damages may be available. An experienced real estate lawyer in your state will need to review the contract, obtain information from you about the circumstances and background, and ask other questions before advising you on your particular situation. Good luck.
PS: My comments here are for general information and are not legal advice about your particular situation, nor do they create an attorney-client-client relationship with me. Consult an attorney in your state about your specific circumstances and issues and to obtain legal advice about next steps.
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