Home Sale Contract Breach
Summary
If a buyer fails to complete a home purchase by the agreed date, they may be in breach of contract. However, unforeseen events like a county hacking incident could justify delays. Consulting a local real estate attorney is advisable for specific guidance.Full Conversation
I wanted to sell my home as is Cash offer. The date we signed was April 30th. We were to close on May 28th . Has been extended * times for they said the title wasnt delivered due to Hernando county being hacked. It came out in the news April 4th. The last extention was given and to close on the 8th of June and never heard a word from them . Are they in breach of contract now.
Hello **** ****. This depends on the terms of your contract. Generally, if the buyer fails to complete the purchase in the agreed time, they may be in breach. However, unforeseen circumstances like the hacking incident may provide valid reasons for delay. You may want to consult with a local real estate attorney for specific advice.
They already told me what was on the title lien ect but would come out of sale
Hello ****, if the buyer hasn't fulfilled their contractual obligations by the agreed upon date, they might be in breach. However, the hacking incident could be considered an unforeseen circumstance. It's advisable to consult a local real estate attorney for specific advice.