Can a seller demand more money for a home after the contract is signed by both parties?
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Can a seller demand more money for a home after the contract is signed by both parties?
We are buying a home and signed a contract with the seller agreeing on price. The home is in an estate situation due to the death of owner. The estate lawyer is now asking for more money than what the contract specifies due to expenses to close and demanding to close earlier than stated in contract. Is there any way to hold them to the contract?
Asked on August 31, 2016 under Real Estate Law, Texas
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 7 years ago | Contributor
Yes, you can hold them to the contract: contracts are enforceable. If they refuse to honor the contract, you could bring a breach of contract lawsuit seeking either "specific performance"--that is, forcing them to carry through with the contract as written--or "damages"--monetary compensation for any costs, losses, etc. you suffer due to their failure to honor their contractual obligations. The whole point of a contract is that it is enforceable in court.
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