Posted by JoeS on February 25, 2002 at 14:35:55:
I could not clearly follow the question, I was in a hurry today. But, anytime you sign a contract with a seller to buy their property it is a legal document. You can file suit against them for what is called “Specific performance of contract” It will cost you to do that, in my state, NY, it would cost me about $2K. But, if I can make 10K what’s a couple of grand? Your suit also puts a cloud on the Title so that no one else can buy it either until the matter is resolved.