Thought we were buying at one price then it changed

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Thought we were buying at one price then it changed

We found property for sale, the
listing agent told us they
could move the boundary, I
asked if seller would take 50k
for 2 acres instead of 79 for
3.5. He said yes. And told us
to send an email of our
intentions to purchase 2 acres
for 50, he then proceeded with
adjustment, after 5 months they
gave us a contract for much
more than we thought we were
buying at. Is there anything we
can do?

Asked on October 10, 2019 under Real Estate Law, Colorado

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 4 years ago | Contributor

If he responded back to you in writing that he was accepting your offer to buy 2 acres for $50k, you would force him to do so IF you were willing to litigate (sue him): if he accepted your offer in writing--whcich includes if he replied to your email accepting it--that would form a contract. But you need to be able to prove his acceptance of the offer.


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