Legal Question in Real Estate Law in Illinois

rescinding a house sale

My friends just bought a house that they now want to get out of buying. They closedon it at the end of January and have secured a bridge loan to cover the cost until they sell their current one. Now they have buyers remorse. Do they have any recourse? Sounds silly, I know.


Asked on 3/12/07, 3:32 pm

2 Answers from Attorneys
Mary McDonagh McDonagh-Faherty Law Offices

Re: rescinding a house sale

Probably not short of a miracle!

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Answered on 3/12/07, 7:04 pm

Re: rescinding a house sale

Not a chance.

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Answered on 3/12/07, 9:40 pm


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