Q: A buyer did not hold up his end of a bill of sale while buying a property. He had 1 week to come up with 5k its been 3.
When I got to my property to sell to buyer for 21k cash with a quit claim deed. Buyer had 3k cash and 13k check. Seller agreed to give him till end of week for 5k. Seller also agreed to get quit claim deed notarized so when money was transferred could send to county. All of this was in bill of sale. It's been 3 weeks and buyer demands the property be put into name before giving Seller 5k. Is Seller in the wrong to tell him no?
A: There are lots of problems with this transaction, including the fact that you are selling real estate without using a lawyer. No one can provide you any meaningful answer here in this online forum because we cannot review the "bill of sale" or other purchase agreement you may or may not have provided. You will now need to take everything to a real estate lawyer to determine what your rights are and if you have to return the money paid so far,
A: Sorry you are going through this. What documents do you have that would set forth all the terms of what you describe above? Reach out to a real estate attorney such as myself to review your documents and see how we can help.
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