Q: Can seller add addendum to the purchasing contract within 24 hrs closing? It is not in my favor so I will not sign.
I am purchasing this home for sale by owner. The owners do not live in state (Indiana). A member of their family is who I communicate with, and is also the one who is coming up with these addendums. He lives in another state. I think he is holding the signed, closing contract until I agree to the addendum which is 0% in my favor. Nobody in their right mind would agree to those terms. The property is located in Indiana.
A: If both parties have already signed the contract, it is too late to alter the contract unless both parties agree on the changes. If you believe that this member of the family that you are communicating with is acting in bad faith you may wish to contact the sellers directly to discuss with them the bad actions of their agent.
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