Buying A Forecloser

[GRANNYGIRL21]

What is the name of your state? TEXAS

I am in the process of buying a foreclosed property from the bank for $109,900 in Texas. The initital description for the address on the buyer's contract was a 1776 sq ft house and 2 acres. When the survey was done, it was found that the foreclosure was for a 1776 sq ft house and 17.52 acres. We received a call from our agent saying due to the contract, the seller was willing to give us the additional acreage at the original asking price. We signed an admendment adding the additional acreage and now they are refusing to sign the admendment and is saying that they will keep the additional acreage and the sale will be for the house and 2 acres only. Also, our contract expired and they still have not signed the admendment to extend the the contract to June 8th. The problem is that the land that the seller is saying they are going to keep will be in land lock. What do you suggest? We want to sue for it all. Do we have a case?

[moburkes]

Originally Posted by GRANNYGIRL21

What is the name of your state? TEXAS

I am in the process of buying a foreclosed property from the bank for $109,900 in Texas. The initital description for the address on the buyer's contract was a 1776 sq ft house and 2 acres. When the survey was done, it was found that the foreclosure was for a 1776 sq ft house and 17.52 acres. We received a call from our agent saying due to the contract, the seller was willing to give us the additional acreage at the original asking price. We signed an admendment adding the additional acreage and now they are refusing to sign the admendment and is saying that they will keep the additional acreage and the sale will be for the house and 2 acres only. Also, our contract expired and they still have not signed the admendment to extend the the contract to June 8th. The problem is that the land that the seller is saying they are going to keep will be in land lock. What do you suggest? We want to sue for it all. Do we have a case?

Do you have a case for what? If they don't sign the amendment, then you don't get to buy the additional acreage.

[LindaP777]

I'm a little confused as well.
You were buying a properly with 2 acres, then thought it was 17, but no, it's only 2.
They won't be able to sell landlocked property.

[nextwife]

They have the right to keep land NOT included in your accepted offer. You have the obligation to cmplete the purchase you contracted for - which was 2 acres.