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Both I and the seller have a respective realtor. Is it legal for the seller to get the house back to the market if the termination agreement not reached yet with both sides?
Last edited by goldenstone; 02-07-2013 at 01:19 PM..
Until the house closes, I believe the selling agent can continue to advertise and show the house just in case the deal falls through. That said, I'm pretty sure that they have to disclose that the house is in due diligence (or whatever terminology applies).
We were in a due diligence situation with a house and paid our good faith money down. During the process, we found another house we liked better, so we pulled out of this house. However, since we had already had an inspection done on that house (which of course usually comes out in your closing costs) then there was going to be the issue with the cost of the inspection. So, we just allowed the owners to use the good faith money toward covering the costs of the inspection.
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