Missed something in counter offer

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Missed something in counter offer

We are selling our home ourselves. I
sent a counter offer but the buyer
hasn’t responded yet. We did include a
new closing date to allow time to find a
replacement. I did not include a
contingency on purchasing a new home. I
updated it and sent it after the
deadline. Are we ok? Can they force us
to sell?

Asked on November 16, 2017 under Real Estate Law, Wisconsin

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

If they accept the counter, they can force you to sell--if you make an offer (or counter) to someone and they accept it, that forms a contract; and contrats are legally enforceable. You may wish to send them a communication stating that they have until the end of the business day to accept the offer or else it will be withdrawn.


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