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Real Estate
Reply to "3 days before closing and I want to back out..can I?"
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[quote=Anonymous][quote=Anonymous]"I'm sorry but I don't want to buy your house. I know I have cost you time and money. I am willing to sign a release so that you can keep the EMD without any kind of litigation, and will pay you an additional $10K to walk away from this purchase. I know we would both like to put this behind us, and I believe this is a fair way to settle the matter."[/quote] This ^^. It's a negotiation. The buyer will want to move on, but it justifiably owed some damages, up to and including specific performance. Make a reasonable offer to make the problem you created go away. Or be prepared to buy the house.[/quote]
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