Why the hell are the closing costs 10k? You need to talk to your broker, because something is wrong, not only is that amount exceedingly high but it is uncommon for the seller to ever pay them, they are buyers expenses which the seller sometimes pays half of. 10k is several thousand higher then is normal. I suspect the problem is the amount and how it was arrived at, it has to include some weird charge.Do I have a legal case if the seller wants to cancel escrow because they do not want to pay the closing cost?
You should probably seek legal council. We have no way of knowing if the condition you speak of was an addendum or part of the original agreement.
If they already signed the sales contract which specified the $10k seller-paid closing costs, then yes you can sue them for breach of contract. Good luck.
There are only about 4 states in the USA that are ';escrow'; states...everyone else uses trust accounts, and it's a very simple process.
However, it is a breach of contract b/c they already agreed to pay the $10K and now they are trying to back out.
Simple as that.
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