Madison, WI asked in Real Estate Law for Wisconsin

Q: what to do when you have a date set for May 1st to sign paperwork and move 2 new house and seller wont move until june

we have closing date set for May 1st 2018 and the seller is now saying that he will not be signing paperwork until June 15th and will not be moving out until at least june 15th. he has had over 3 months to find a new place and pack. we have contract signed, sets date for signing at bank and the title company has a copy of our contract.

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1 Lawyer Answer
Sarah Lynn Ruffi
Sarah Lynn Ruffi
Answered
  • Wausau, WI
  • Licensed in Wisconsin

A: It depends on the closing date set in the Offer to Purchase. If the closing date in the accepted Offer to Purchase is May 1, 2018 and the Seller refuses to close, you can pursue your options based upon the Seller's default under the terms of the Offer to Purchase.

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