(WI). Good evening. I accepted a home sale contingency back in July 2018. The Buyers are now renting my home due to educational & career matters; their home still has no offer. They are renting on the condition I take it off the market (I realise I may not have received a backup offer anyway). Although I am grateful they are caring for my home and paying the expenses, my home has increased in value.
My question: Can I renegotiate the terms of the original accepted offer? I.e., I want to ask for a higher price from said buyer. Should I also ask for more earnest money in order to keep them interested? What recourse do I have if they back out? Thank you!!
My question: Can I renegotiate the terms of the original accepted offer? I.e., I want to ask for a higher price from said buyer. Should I also ask for more earnest money in order to keep them interested? What recourse do I have if they back out? Thank you!!