Legal Question in Real Estate Law in Pennsylvania
my nephew recently entered into a goodfaith verbal contract to buy a house. he put 1000 down in cash. now at the time of the signing the owners want 5000 more . he doesnt want to pay another 5000 . can they legally ask this and can they keep the 1000 down payment
1 Answer from Attorneys
If the contract was a "verbal" contract made in good faith, unless it was in writing, it doesn't bind either party. If the money was paid directly to the owners, it will be difficult, if not impossible to get it back. If he wants to buy the house, they should have a proper written agreement. If there are no Realtors involved, get a lawyer, before your nephew loses more.
THIS RESPONSE IS NOT LEGAL ADVICE, SINCE I DO NOT HAVE ALL OF THE INFORMATION THAT WOULD BE REQUIRED, AND I DO NOT HAVE A REPRESENTATION AGREEMENT WITH YOU.
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