A Buyer tries to back out of a sale claiming that the Seller won’t agree to help with a severance application. He sues to get his $150,000 deposit back. Instead, the Court finds him liable for over $600,000 in damages for refusing to close.
A Buyer can’t get financing and asks for a $130,000 price reduction. When that fails he refuses to close saying the lot size was smaller than advertised.
A Buyer tried to back out of an Agreement of Purchase and Sale the day after she signed it. The Seller resold the property for $140,000 less and sued for the Buyer for damages.
