Changes in the real estate market always lead to more law suits between buyers and sellers.
Falling and rising markets (we seem to be falling now) create: (a) incentives; (b) changes in circumstances, which mean contracts can often get terminated before settlement.
This leaves questions about:
who gets the deposit, and
whether to sue for the difference in price under the old contract and what the house will now get sold for under a new contract, with a new buyer.
Vogt Graham Lawyers has acted in many real estate disputes in the past.
Contact us if you would like to speak about how we can help.