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    christopherandc's Avatar
    christopherandc Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Mar 19, 2009, 07:57 AM
    Buyer backed out of the contract.
    I am trying to sell my house. We went into contract with the buyer supposed to come up with a sum of money by a specified date. The buyer ended up not showing up with ANY money even after contacting him multiple times. Do we have any recourse since he basically broke the contract?

    Thanks for any help and advice.

    {Edited by OP's request}.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Mar 19, 2009, 08:11 AM

    No he didn't break the contract. A contract requires two elements. Something of value being offerred in exchange for something of value given in return. Until the buyer fulfilled his end of the contract by providing the money required, the contract wasn't finalized.
    christopherandc's Avatar
    christopherandc Posts: 4, Reputation: 1
    New Member
    		  
    #3

    Mar 20, 2009, 07:00 AM
    Thank you... can you (or someone) please remove this thread? I would like it removed.

    I put in a request in the help forum, too.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #4

    Mar 20, 2009, 07:03 AM

    Sorry, but we don't generally remove threads. One of the benefits of a public forum like this is an archive of questions and answers. Someone with a similar issue might be looking for an answer and find this thread helpful.
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