Posts Tagged ‘Mediation Required by Purchase Contract’
Mediation Always Before Filing Litigation
Question: We signed the Realtor purchase contract with the buyer of our Cave Creek home. The buyer deposited with the escrow company $100,000 earnest money. All inspections were fine, and escrow was scheduled to close on Wednesday. Today our Realtor said that the buyer now wants to cancel the Realtor purchase contract because our neighborhood…
Read MoreBuyer’s Options if Seller Refuses to Close
Question: We have been renting a home in Peoria since we moved here from Buffalo. Last month we signed a contract to buy a home in our same neighborhood from an investor who is “flipping” the home after doing major improvements. The investor is now refusing to close on the sale of the home to us…
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