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Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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After diligence period, I as the seller, want to cancel the

Customer Question

After diligence period, I as the seller, want to cancel the contract for the sale of our house Greensboro, NC. Reason: My whole family is under stress because understanding about how they are tied to this house.
The buyer has deposited $ 1,000 and had costs of inspection and radon and Closing should be 7/26/16.
What will it cost us breach of contract?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Loren replied 1 year ago.

Good morning. I am Loren, a licensed attorney, and I look forward to assisting you.

Does the contract have any limitations on damages for seller breach?

Is the buyer in default in any way?