If seller backs out before closing (P&S all contingencies met) what recourse does buyer have?

Question Details:

Seller possibly unemployed currently. If he finds job by closing and backs out, what recourse does buyer have? If buyer misses out on first time buyer credit due to this. is there any recourse?

Asked 10/19/2009 under Real Estate | 501 View(s) | More Legal Topics

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Christopher Vaughn-Martel / VAUGHN-MARTEL LAW Answered 2 years ago | Contributor This attorney is licensed in Massachusetts

You need an attorney in Rhode Island to protect and return your deposits.

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