Seller breaches contract real estate
As a seller in which there is a breach of real estate contract by a buyer, a real estate attorney or law firm is crucial in evaluating your options and the best course of action against the seller. At Law Office of Yuriy Moshes, we are experienced in such real estate matters and real estate contract law. In the event of a breach by the seller, or where you and the seller didn't actually sign a contract, or where the contract you thought you entered into is actually invalid or unenforceable, you are likely entitled to terminate the contract and recover any payments you made to the property seller. A buyer may breach a real estate contract in a variety of ways as well. The most common buyer breach is failure to obtain adequate financing before the closing date. Most real estate contracts are predicated on the buyers ability to obtain financing. A buyer may also breach the contract if he is unable to sell his current home before closing on the new home and therefore cannot go through with the purchase.