Chicago Real Estate

January 18, 2010

As a seller of real estate can I back out of the contract during the option period?

Filed under: Renting & Real Estate — admin @ 7:52 pm
puppychow asked:


I am selling some real estate and now need to stop the sale. As the seller can I stop the sale? We are in the option period right now.
Thank you for the answers – not what I wanted to hear… when I say option period, the buyer is still deciding if they want to back out or not. I extended the option period for them to think it over some more but now I want to cancel.

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