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???
09-01-2007, 06:31 PM
I am selling my home and a contract was signed by me and the buyer over a week ago,she didn't give earnest money to my agent. I contacted my agent yesterday morning to rip up the contract in my opinion the contract is null/void, the lady ended up giving the money today. Am I able to get out of this contract since it was over a week for earnest money, isn't there so many hours?The lady was supose to bring the check when signing the contract with my agent, she said she forgot and everyday my agent called her, she would say tomorrow, tomorrow. Come to find out she was waiting on getting her earnest back from another house she signed a contract on while looking at mine and making verbal deals with my agent over the phone. I now think my agent is all about the sale instead of my best interest.Plus my agent didn't bring me a copy of the contract like she was supose to I asked her about it and she said oh thought I gave you a copy, gave it to the buyer though. Still haven't seen it.

heart_and_troll
09-01-2007, 07:44 PM
It's the language of the contract and state law that governs, not your opinion. Does the contract say there's so many hours? What did your agent say? Missing all that info., I have to assume this late payment probably doesn't void the contract.

Henry
09-03-2007, 08:54 PM
It used to be that a buyer has to make a goodwill deposit to make the purchasing contract legal. Even a dollar is OK. However, in a recent case in British Columbia, Canada, a Supreme Court Judge had decided that the buyer's willingness to buy and the seller's willingness to sell constitute a consideration; and as such, no deposit is required to make the contract legal.I would suggest you consult a lawyer to find out about the law in your State.

gabriel070286
09-04-2007, 08:01 AM
IF this was not acceptable then immediately the agent should have rejected the offer for you.