Legal Question in Real Estate Law in Pennsylvania

we signed a contract to sell our home. both parties came to aggreement on price. buyer had inspection done. It passed. we have 40 days till our closing. My husband and i want to back out

of the contract. cold feet i guess you can say. Both our realator and there,s said we can,t.

Can we yes or no..thanks


Asked on 4/11/11, 9:51 am

1 Answer from Attorneys

Miriam Jacobson Retired from practice of law

Your rights and obligations are in the Agreement. Depending on what the Agreement says about seller's default [your violating your obligation to sell], you may be subject to a lawsuit to compel your compliance, or you may only be liable for buyer's expenses.

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.

* If the answers to your question confirm that you have a valid issue or worthwhile claim, your next step should almost always be to establish a dialog with a lawyer who can provide specific advice to you. Contact a lawyer in your county or township.

* Another reason for contacting a lawyer is that it is often impossible to give a good answer in the Internet Q&A format without having more information. The unique circumstances of your situation and things that you may not have thought to mention in your question may completely change the answer. If you want to be sure that you have a complete answer to your question and an understanding of what that answer means, establish a connection with a lawyer who practices in the area of your concern.

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Answered on 4/11/11, 11:04 am


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