NJHawk
07-16-2004, 04:23 PM
Hi,
I signed a purchase agreement on 6/24. My girlfriend, also listed on the contract never signed it. On 6/27, the sellers signed the purchase agreement and we went to attorney review. On 6/29, my attorney sent a fax to the seller's attorney stating "I hereby disapprove of the contract, but if we can agree upon the following modifications, I will approve of the Contract" He listed numerous things I wanted to add. On 7/2, the seller's attorney faxed back the document with some items struck out and some agreed to and initialed by the seller. After returning from 4th of July weekend, I contacted my attorney and he informed me of the changes. I did not like some of it so I asked for more changes which my lawyer faxed over on 7/7. During this time, I decided against the property and my lawyer faxed my offer withdrawal letter on 7/12. On 7/13, I received a letter from the seller's attorney stating that attorney review was over 7/2 and I was in breach of contract and they threatened to sue for damages. Is this a scare tactic or legit? Thanks.
I signed a purchase agreement on 6/24. My girlfriend, also listed on the contract never signed it. On 6/27, the sellers signed the purchase agreement and we went to attorney review. On 6/29, my attorney sent a fax to the seller's attorney stating "I hereby disapprove of the contract, but if we can agree upon the following modifications, I will approve of the Contract" He listed numerous things I wanted to add. On 7/2, the seller's attorney faxed back the document with some items struck out and some agreed to and initialed by the seller. After returning from 4th of July weekend, I contacted my attorney and he informed me of the changes. I did not like some of it so I asked for more changes which my lawyer faxed over on 7/7. During this time, I decided against the property and my lawyer faxed my offer withdrawal letter on 7/12. On 7/13, I received a letter from the seller's attorney stating that attorney review was over 7/2 and I was in breach of contract and they threatened to sue for damages. Is this a scare tactic or legit? Thanks.