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Can a seller back out of a sale of a home and sell it to someone else if a binder has already been signed?
Sagiglia
Define a "binder." If the 'binder' is a contract to purchase, then the seller has breached the contract, and can be sued for damages for non-performance.
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∙ 14y ago
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What are the dangers of selling house on contract?
If a seller and a buyer have already signed a contract, then you have to sell according to the contract. If you want to sell to someone else not on the contract, then you have to get out of the first contract.
Can a purchase agreement be signed first by the seller ....Is this binding?
Yes, a seller can sign the agreement first, but it is not binding until all parties have signed and the signed copies have been delivered.
Can a seller force a buyer to use a certain lender?
No, not unless it is written into the sales contract that you will sign, or have already signed. If you haven't signed it yet, the use of a specific lender named by the seller, is a negotiable item over which you can try to bargain (e.g.: a lower sales price or a lower interest rate). If the seller is adamant, you may have to decide how badly you want whatever it is they are selling, and be prepared to "walk."
What if someone stops paying in a contract to purchase a mobile home from a private seller?
If a contract was signed, then they need to be taken to court for the amount owed.
Can a real estate broker sign the HUD 1 settlement statement for the buyer or seller at closing if the buyer or seller will not be present and has already signed the deed?
The buyer or seller can give a limited power of attorney to whoever they want to represent them at the closing. When we sold our house, we signed off on the papers a couple of days in advance and gave our lawyer PofA to sign anything else that might come up.
Is the faerie path going to be a movie?
Well, Someone started a petition and they already have 158 people that signed it...
How do you sell a car if you signed the title?
If you have already signed the title over to a seller who did not buy the car and you wish to sell it to someone else, you will need to either get a new copy of the title from your state department of motor vehicles (DMV) or obtain a form to supersede that signature. How and what is required will vary from state to state and very likely you will have to pay a fee or fine for doing so.
When is a real estate contract valid?
When it has been signed by the buyer and seller.
Is the date of contract the date the seller signed?
The date the Buyer signs it.
Is it illegal for your real estate broker to literally sign the 'seller' of the homes name to documents?
no one can sign for anyone else without a power of attorney signed . If your broker has a poa signed, then he can sign for the seller.
When is contract between buyer and seller valid?
When it is signed, sealed (usually the word "SEAL" is just to the right of the signatures) and delivered to the seller or his agent.
What is next step after car title is signed by seller?
release the vehicle to the buyer
