What to do if a seller reneges on an accepted sales price?
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What to do if a seller reneges on an accepted sales price?
I made an offer to the daughter (sole beneficiary) on her father’s home; he had recently passed away. I reside in the US and the daughter lives in England. Via email she sent me a letter saying she accepts my offer at the price we agreed on. I emailed all the paperwork and called her several times and have not heard back. A few days later the estate attorney called me and asked me to raise my offer. I feel they are now ignoring me and trying to back out. What should I do?
Asked on February 28, 2012 under Real Estate Law, Ohio
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Get yourself a lawyer to review the material you have but really I think that you may be out of luck. A contract to purchase real estate must be in writing and signed by the party to be charged - her - in order to be valid so as not to violate the statute of frauds. You may need to raise the offer. Good luck.
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