Contract termination - wife is out of town

What is the name of your state? New Mexico

What is the name of your state? New Mexico

My wife and I entered into a contract to purchase a house through a realator. We both signed the contract. My wife had to leave town until the day before closing. After the inspection, I found problems with the house and wish to terminate the contract. Do I need my wife's signature on the objection letter to terminate, since we both signed the contract? Or do I just need mine?

Also, the contract says nothing about the objection having to be in writing. Is a verbal objection good enough?

Thanks,

jim

[JETX]

You are going to have to read the sales agreement very closely to see what circumstances MIGHT allow you to cancel the contract (you can't cancel without a permissable cause).

And if you do have the right to cancel, ALL parties will need to agree to it.... including your wife.

[HomeGuru]

[quote]Originally posted by Halket
[b]You are going to have to read the sales agreement very closely to see what circumstances MIGHT allow you to cancel the contract (you can't cancel without a permissable cause).

And if you do have the right to cancel, ALL parties will need to agree to it.... including your wife.

...and any agreement must be in writing to be enforceable.