First, I would like to introduce you to our firm. I have 31 years of active legal experience in serious real estate litigation and transactions. Originally, I was a lawyer for a title insurance company. After that I have performed services for many major developers including Shappell, Ponderosa, Morrison, GenStar and Bas Homes. I have also performed services for a public entity - Alameda County Water District having provided eminent domain services for Plaintiffs and Defendants. In addition, we have represented numerous individuals each year in real estate litigation. I have personally been involved in the acquisition and construction of real estate property since the age of 20. Our firm has represented or sued most major real estate brokers in Northern California.
You are correct in your position. The Seller has no right to cancel your transaction because she felt she was 'coerced" by her agent. This is not your problem. You have two options as follows:
1. You can sue for breach of contract and for damages and receive the differential from the real market value of the property as compared to what you agreed to the $260,000 price.
2. Your second option is that we can sue for specific performance and compel her to perform on the contract and transfer title to you. In the past years, I have handled many specific performance cases, and while I'm getting a little older, I do not recall losing any.
If you wish to retain the legal services of our firm, do not hesitate to immediately contact us.
Sincerely,
JOHN N. KITTA