Purchaser submitted an offer, Seller submitted a counteroffer. Counteroffer was never accepted by Purchaser, expiration dates expired. Months later, property values escalated. After discovering the Seller was experiencing financial difficulties due to a lengthy divorce, Purchaser decided to press a closing, and when that didn’t work, force a sale. Purchaser created a completely new contract, complete with forged initials, and submitted this as the exucuted contract. Lis pendence and complaint followed when the seller refused to comply with the demanded closing.
OF COURSE; a counterclaim (for fraud) has been filed by the seller, but the waiting game of the courts, and funds needed for legal representation will not work with the sellers current financial status; the purchasers pursued their actions based on thier knowledge of this, knowing that thier filing, and the blocking of sellers equity would “bully” seller into having to fold before she could substantially hit back.
Besides a counterclaim, what else can the seller do to protect herself? Poster welcomes personal reply