Legal Question in Real Estate Law in Missouri

If you enter a real estate contract with a property seller and they indicate they will have all major repairs completed in 60 days (plumbing, electrical, furnace, hot water heater, windows, doors just to name a few.) The monetary down payment was made as well as $3000.00 in materials, supplies, and sweat equity as requested by the seller was done by the buyer and the contract was entered on 06/25/2014. If the seller has not held up to their end of the contract and the buyer still has not been able to move into the property due to the seller not holding up their end. What can be done on the buyer�s behalf to remedy this situation? Would the buyer be within reason to obtain an attorney in this situation? I have advised the seller that since the work has not be completed and they have not given any indication to the work being completed any time soon that I would like to be brought out of my contract. The seller stated he would only be willing to provide my monetary deposit back. The $3000.00 in materials, supplies we have purchased and the sweat equity would just be a loss on our end. However he would benefit from the update and repairs that we have added to the home in the event the seller resale the home to a new purchaser. Is that possible? Or what could be done to remedy this issue also. Thanks!


Asked on 9/12/14, 10:51 am

1 Answer from Attorneys

Anthony Smith LawSmith

The buyer in this scenario should consult directly with a civil practice attorney, in their area. There are too many variables at play to give more of an answer than, "Yes," The buyer may be able to be made whole, and should consult an attorney.

Good luck

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Answered on 9/14/14, 6:25 am


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