Home Sale Contract Terms

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I am selling my home in Tennessee to a real estate company investment company from California the due diligence. Has already ended so can they try to get me to lower my price or are they locked in at the contract price they signed
Hello David,
In general, once the due diligence period has ended:
- The buyer is typically locked into the agreed-upon price.
- They cannot renegotiate unless the contract specifies otherwise.
However, it's best to review your contract or consult a local real estate attorney for specifics.
Under what circumstances can they legally back out of buying my property after they've already signed this contract
In Tennessee, after due diligence, buyers can back out if:
- There are contingencies in the contract that haven't been met.
- The property fails inspection.
- They can't secure financing.
Remember to consult your contract or a local real estate attorney for specifics.
* Gap Creed Road, Bulls Gap TN *
Hello David,
If you need further assistance, you can contact Greene County General Sessions Court for local legal information.
Phone: (*) *-*
Address: * S Main St, Greeneville, TN *
Website: www.greenecountycourts.com