Real Estate : Seller's Dad wants to cancel contract, threatens to damage house

[gradstudent77]

Just make sure you tell your attorney every single piece of information you wrote here, and make sure you tell him anything you might have left out.

[Newhomenj]

First, I will like to thank you all for your advise and responses.

The Dad is not on the deed, the contract, and tax records and does not live in that house. He lives next door. Yes, we did spend about $2000 on inspection, mortgage, and attorney fees. My attorney also suggested that at least we should get our money back. The Seller's attorney did not return my attorney's calls today.
Thanks.

[AnthonyB]

Next door - not someone I would want for a neighbor. Do try to get your money back.

[Chubz]

subscribed. I'd sue for that money back. If you continue on with the sale i'd also make sure to go through with an inspector again making sure nothing was damaged. Secondly I'd press charges on the old man if he continues being a jackass

[Kimmers333]

ugh. Honestly you dont want to live next to someone like him. Run away and consider the money lost as a good investment to save yourself from the future harassment you would have by living next to that creep.

[gradstudent77]

Originally Posted by Kimmers333

ugh. Honestly you dont want to live next to someone like him. Run away and consider the money lost as a good investment to save yourself from the future harassment you would have by living next to that creep.

I can understand not pushing to make them perform the contract, but why would he just give up the money he has sunk here?

[Lusitan]

Good lord -- run away from this maniac pronto. I can't fathom why you'd even consider moving ahead with this loose cannon running around, who knows what he's capable of? Let him and his daughter sit on their depreciating "asset" that's sinking in value by the minute ...

[South Jersey Styx]

I wouldn't work with such unreasonable and terrible people. It isn't worth the headache. Try to get your money back. Forget about that house as you have that maniac father next door. Call the Police and report any threats he has done against you. Good luck! I know you'll find a new home elsewhere.

[RhysNJ]

Good advice from all. I went through something similar this year where the seller killed the deal after being asked to pay for some expensive repairs. He agreed to some credits but not enough to pay for all repairs, and broke it off. He even re-listed the house at a higher price. In these situations, your rights are quite limited, regardless of what you have out of pocket. Once you change your offer to expect repair credits, they can walk away.

We liked the house enough to let the guy cool off for a month, re-submit a new offer from scratch, and it was accepted. We ended up paying a bit more than the lowest counteroffer before the deal was killed, but we had to take a shot.

Be guided by your attorney, but by all means contact the police if you feel threatened. I just hope the guy doesn't hang around after the closing and cause you problems.

Rhys

[camaro69]

At this point, get your money back and run.

I wouldn't go without recourse.