The vendor has agreed to sale of property 3 weeks ago. The buyer signed the contract on second day of agreement and also has written correspondence
via text a week later about vendor agreeing to payment of 10% deposit and has contacted a solicitor for further proceedings.
The agent also received $2000 for holding the property that they are looking at returning.
3 weeks later the RE agent contacted the buyer that the vendor got another buyer who can pay more for the property and they want to sell it to them.
Can they pull out of what seemed to be an oral contract with some written correspondences as proof they agreed to the deal 3 weeks ago?
Any advise would be greatly appreciated!!!!
via text a week later about vendor agreeing to payment of 10% deposit and has contacted a solicitor for further proceedings.
The agent also received $2000 for holding the property that they are looking at returning.
3 weeks later the RE agent contacted the buyer that the vendor got another buyer who can pay more for the property and they want to sell it to them.
Can they pull out of what seemed to be an oral contract with some written correspondences as proof they agreed to the deal 3 weeks ago?
Any advise would be greatly appreciated!!!!
