I expect to pay the buyer for all he has tied up thus far...inspection, repairs and so on. Would that make the situation any better? Just after reviewing all our finances it is making it financially impossible to get out of our home and be able to make it with all the extra debt we are racking up. As much as we want to. We feel like we are being pushed into a situation that will really hurt us financially. I know we agreed to it, but we have been turned down every where we turn for a loan
One more question, we were also told that we may have to pay the realtors comissions if we breeched contract. Is that possible, can they really go to the extent of forcing us to pay them? Is that a typical thing?
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).