buyer changed mind: still obligated by agreement?

[Help Me!]

What is the name of your state?What is the name of your state? Ohio
The buyer for my mobile home has changed their mind and no longer wants to purchase the home. We have a signed written agreement that states the buyer will purchase the home within 60 days. It also states the deposit is non-refundable. I am selling the home on my own. Can I hold the buyer to our signed agreement and insist they purchase the home? The agreement was signed on 11-9-05 and the agreed final sale was to be on 12-27-05.

I need answers ASAP THANK YOU!!!!!

[Some Random Guy]

Did you use any preprinted legal form for this sale or did you write up the contract from scratch? Are there any contingencies, such as for home inspection, ability to get financing, etc? If there are none, then you

The buyer could always say they don't have the money and not go through with the sale. you could sue them for specific performance but expect to spend FAR more than you could ever hope to recover in court.

If you think they can be easily pressured, try this - threaten to take them to court to force them to buy the home - unless they sign a document backing out of the sale and forfeiting their deposit.

[seniorjudge]

Originally Posted by Help Me!

What is the name of your state?What is the name of your state? Ohio
The buyer for my mobile home has changed their mind and no longer wants to purchase the home. We have a signed written agreement that states the buyer will purchase the home within 60 days. It also states the deposit is non-refundable. I am selling the home on my own. Can I hold the buyer to our signed agreement and insist they purchase the home? The agreement was signed on 11-9-05 and the agreed final sale was to be on 12-27-05.

I need answers ASAP THANK YOU!!!!!

Keep the deposit and sell it to someone else after 12-27-05.

[Help Me!]

The contract was written up by myself and sells the home on an "AS-IS" condition. When the buyer gave us their offer they said they would pay cash for the home as well. If I can hold them to this contract I want to. I am moving out of state at the end of the month and don't want to have to continue paying my monthly lot rent when I'm not even living in it.

[HomeGuru]

Originally Posted by Help Me!

The contract was written up by myself and sells the home on an "AS-IS" condition. When the buyer gave us their offer they said they would pay cash for the home as well. If I can hold them to this contract I want to. I am moving out of state at the end of the month and don't want to have to continue paying my monthly lot rent when I'm not even living in it.

**A: have the attorney that you should have hired in the first place review your contract.