If I have a signed purchase and sale agreement for a price is it possible to be sewed if I don’t want complete the transaction?
Here the story:
I have a seller that is threatening me with legal action if I don’t submit a Hud 1 document or pay his last month’s mortgage. I know I would lose money on the property if I bought it at this price and the seller does not want to re-negotiate with me. I really don’t want to pay his mortgage or buy his house but I really don’t want to go to court over something as silly as this too. Any legal advice would help too.