withdrawing a contract before exceptance - Posted by mike adams
Posted by mike adams on December 15, 1999 at 04:53:11:
here’s my story, i put a contract on a bank owned property that was listed for 32,500.00. my bid was 31,500.00,site unseen. after my viewing of the property i went back to the agent and told her i wanted to withdraw my contract and resubmit for 24,900.00. she told me i could not do that until my bid was excepted. so i took pictures of the property,(inside and out) and submitted a property inspection report done by my self. yes,they excepted my bid,now in order to resubmit my bid for 24,900.00,they say i have to have a home inspection done by a licensed home inspector… carleton says,a contract can be withdrawn anytime before exceptance. do you agree and do i have any recourse!