Legal Question in Real Estate Law in California

I was reviewing the purchase contract and realized I made a mistake with the numbers I imported for funding from lender. The downpayment was supposed to be 25% ($93750) but with us changing prices around my numbers ended up having their downpayment at 26.3% ($98750). With this discrepancy they would have to basically put down and extra $5k. The contract has already been signed. Is there a way for me to amend this contract to reflect the right numbers so that they would not have to put down the $5k and for the lender to increase their funding to reflect the correct amount with 25% down?


Asked on 10/04/14, 8:57 pm

1 Answer from Attorneys
Anthony Roach Law Office of Anthony A. Roach

You should be able to amend the contract with the consent of all the parties.

Read more
Answered on 10/06/14, 7:05 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in California