contract to sell house

how binding is a purchase agreement between a buyer and seller done electronically with signatures. We signed and now can not contact buyer. Do I have to go to closing if they follow through I do not want to deal with people I can not talk to. The company is Ohio equity plus Brandon Brennan Trying to sell our house on our own.

Asked on October 3, 2017 under Real Estate Law, Ohio

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 3 years ago | Contributor

Electronic signatures can be used to create a binding and enforceable contract: ink signatures or in-person signing is not required. A contract is nothing more than a mutual agreement between two parties, where each party gives or promises the other something of value ("consideration"), such as a promise to pay money in exchange for a promise to get title to and owership of property, and there is something indicating that the two parties both agreed to the terms. The electronic signature evidences ageeement, and so can create an enforceable contract.


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