Need advice on PA buyer breach of contract

Hello all. I’m hoping that someone here can provide some advice on legal options. Here’s the situation.

My parents are selling their home in western PA. They went under contract with a buyer about a month ago. Did all inspections and they’ve set up all the necessary repairs, put money in escrow for things that won’t be done by closing, etc.

Closing was originally supposed to be end of Nov. About 2 weeks ago, the dummies went out and bought a timeshare, then asked if they could move closing ahead to today so they could clear their mortgage “before the timeshare showed up in their credit report”. Clearly they’ve never bought a house and don’t understand that those things show up immediately when you’re credit is pulled.

So now the buying agent is paying games trying to get their mortgage to clear.

The market sucks where my parents live and it’s going to be really hard for them to find another buyer, even though they’ve put a ton of work into the house and it looks great.

Is there any legal recourse they can take against the buyers due to their egregious and negligent breach of contract to recover money lost because they went out and bombed their credit before closing?

They have now moved into an apartment as they were supposed to be closing today, so now they have an apartment lease and a mortgage to pay on top of additional debt taken on to correct issues for the sale.

Any advice would be greatly appreciated, and please let me know if there are additional details I can provide.

Thanks!

submitted by /u/GoldStandard785
[link] [comments]

Hello all. I’m hoping that someone here can provide some advice on legal options. Here’s the situation. My parents are selling their home in western PA. They went under contract with a buyer about a month ago. Did all inspections and they’ve set up all the necessary repairs, put money in escrow for things that won’t be done by closing, etc. Closing was originally supposed to be end of Nov. About 2 weeks ago, the dummies went out and bought a timeshare, then asked if they could move closing ahead to today so they could clear their mortgage “before the timeshare showed up in their credit report”. Clearly they’ve never bought a house and don’t understand that those things show up immediately when you’re credit is pulled. So now the buying agent is paying games trying to get their mortgage to clear. The market sucks where my parents live and it’s going to be really hard for them to find another buyer, even though they’ve put a ton of work into the house and it looks great. Is there any legal recourse they can take against the buyers due to their egregious and negligent breach of contract to recover money lost because they went out and bombed their credit before closing? They have now moved into an apartment as they were supposed to be closing today, so now they have an apartment lease and a mortgage to pay on top of additional debt taken on to correct issues for the sale. Any advice would be greatly appreciated, and please let me know if there are additional details I can provide. Thanks! submitted by /u/GoldStandard785 [link] [comments]

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