New York  |  Real Estate Law

Legal Question

Asked on: 8/30/13, 9:14 pm

I sold my 1 family house and after many prospective buyers were unable to get mortgage finally after 7 months found one who was able to get mortgage. After searching for my new house found prices are much higher than when I first started my search and conditions really bad. Buyer now wants to move in ASAP because his mortgage will expire in a few days, however was able to extend for 45 days. Have not closed yet because I have nowhere to go. Is there anything I can do or will buyer be able to sue me.

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