Legal Question in Real Estate Law in Pennsylvania

We are selling a condo in pa. We entered into a contract 03/17/2014, closing was scheduled for 04/30/2014. It was rescheduled each month until 07/02/2014. We found out that the buyer was waiting for a gift of money which never came.

We entered into a contract to buy a home, paid for surveys and inspections. We lost the home as we needed the money from the sale of our condo to purchase the home. And wound up paying $1,500 to appease the person we were buing from.

We asked for 1/2 of the condo buyer's deposit to offset our losses. He is refusing. Do we have a chance if we attain an attorney?


Asked on 9/02/14, 1:21 pm

1 Answer from Attorneys
ANDREA G. TILLIS Law Offices of Andrea G. Tillis

Thank you for your question. I am sorry you had to wait so long for an answer, but someone should have contacted you to let you know that it is impossible to answer your question based only on the information you have supplied. In order to properly Answer your question, it is absolutely necessary to read the Agreement of Sale and the terms of sale.

For example, was the validity of the Agreement of Sale contingent on anything ? When did the seller sign the contract to buy another home ? Were the seller's damages (payment of $1,500, plus survey fee and inspection fee) foreseeable ?

Thank you. ANDREA

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Answered on 9/15/14, 2:21 am


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