[quote=walterwhite]not legla advice, but what about a rent contract with really strict terms in addition to the big deposit. something like, “in the event the sale of the house fails to occur, and the buy is still in the property living under the terms of this Lease, and it becomes necessary for the Seller to evict the buyer because the Buyer refuses to vacate, then the Buyer agrees that the Seller shall be entitled to liquidated damage sin the amount of $50,000.00. With a big deposit and a big judgment hanging over their heads, they’d probably leave. maybe.[/quote]
That’s one of those things that sounds good on paper, but I think would be difficult to make reality. I had a band teacher back in high school who had a parent steal a whole bunch of instruments and sell them. He took the guy to court and the judge ruled in his favor, but the guy didn’t have any money, so the “solution” was that the band teacher could go into the guy’s house and take stuff of equivalent value!
I think it’s easiest to just tell them that they’ll have to stay in one of those temporary corporate housing places. I would rather avoid any type of drama.
Anyone have input on whether I should relist the house and get back-up offers, or even go so far as to cancel their offer and start over? I should mention my home is very desirable, ocean views, highly-upgraded, and it literally had offers on day one. The negative part is that we’ve moved out, so the house is vacant now (has really nice MLS pics, though).
