Pocola, OK asked in Contracts and Real Estate Law

Q: What can I do by my being forced to sign selling my home when I changed my mind last minute!!!!! I was forced !

I was scammed on my home selling! all leflore county is corrupt! I know first hand besides this !!! In deaths!!!!

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2 Lawyer Answers

A: Ordinarily, when a Seller signs an earnest money contract for the sale of a home, the Seller is committed to moving ahead with the sale unless specific provisions in the earnest money contract give the Seller a right to cancel. It is unusual for such a contract to give the Seller an escape clause other than for issues surrounding the Buyer's ability to secure third-party financing in a timely manner. It would be extremely unusual for an earnest money contract to include a escape clause for the Seller solely because the Seller changed their mind.

Unless a provision in the earnest money contract gives the Seller a right to cancel, a court will likely compel "specific performance" by the Seller of the contract at the sales price stated in the contract.

1 user found this answer helpful

Tim Akpinar
Tim Akpinar
Answered
  • Little Neck, NY

A: It could depend on the contract provisions in terms of cancellation rights, penalties, etc. If you were scammed, as you mentioned, in terms of fraud or other deceitful conduct, that's something that an attorney could explore. Good luck

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