Thanks for the reply Presutin, that makes me feel better.
Does anyone have an estimate of the penalty for backing out of something like this, since there is no contract with a written penalty and no deposit.
I know that the penalty in the contract for the house that we are buying(instead of...
Location: California
I apologize if this is a little drawn out.
In March I put my home up for sale and relocated my family. I moved into a home with the intent to rent the home until my previous home sold, then purchase the home I am renting. In March I made a verbal agreement with the home...