Q: We are buying a House and no realtors have been involved. We have spent $4000 on this house. Can the seller back out ?
Seller refused to pay for repairs to make the home meet fha standards. We paid to have piers installed and replaced the rotten wood on the house. Paid over $900 to the appraiser , $500 for inspection, $250 for a structural engineer. The lender we are working with has delayed closing 3 times now. It has been over three months since the contract was signed. The day we were cleared to close she sent the title company an email stating she was backing out of the deal. Can she do this? How can we recoup some of our money?
A: Not my type of case but you may be able to sue for specific performance which will require sale.
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