Kentucky Two days before closing Seller backs out

[FFJLK]

What is the name of your state?Kentucky- My fiancee and I were in the process of buying a home and property in Kentucky we were suppose to close on the property in two days. However received a phone call a few minutes ago stating the seller did not want to sell. We've already purchased insurance for the home for closing. We have paid appraisal fees, escrow monies plus fees to the bank. Can this individual do this? Confused and angery. and can we get our money back?

[HomeGuru]

Originally Posted by FFJLK

What is the name of your state?Kentucky- My fiancee and I were in the process of buying a home and property in Kentucky we were suppose to close on the property in two days. However received a phone call a few minutes ago stating the seller did not want to sell. We've already purchased insurance for the home for closing. We have paid appraisal fees, escrow monies plus fees to the bank. Can this individual do this? Confused and angery. and can we get our money back?

**A: what does your fully executed written purchase contract state?

[FFLMJ]

I am the fiance. the paper said he was asking 69900. we said ok and signed the PA. He signed the PA. I paid for appaisal and insurance ready to close and he backed out. What are the legal rights here. Kentucky

Originally Posted by FFLMJ

I am the fiance. the paper said he was asking 69900. we said ok and signed the PA. He signed the PA. I paid for appaisal and insurance ready to close and he backed out. What are the legal rights here. Kentucky

Please answer HG's question. We can't pull teeth here...dental regulations, you know.

[HomeGuru]

Originally Posted by FFLMJ

I am the fiance. the paper said he was asking 69900. we said ok and signed the PA. He signed the PA. I paid for appaisal and insurance ready to close and he backed out. What are the legal rights here. Kentucky

**A: hire an attorney to review the contract.

[FFJLK]

Thanks to all. They sold us the house.

[rmet4nzkx]

Thanks for the update, we recently had a poster have a similar thing happen both with the house he bought and the buyer of his house at the last minute, but both of those went through and he moved this weekend, must have been the full moon.

[HomeGuru]

Yes, very confusing but the full moon made for a good excuse.