November 10th, 2008 by Questions
We are in the midst of buying 20 acres. We signed the contract in June and paid a down payment of $10,000.00. We were not told about a `subject to finances` clause. We now find that we do not have the finances to complete the deal. The deal is to be finalized in ten days time and we do not have the money. Can we be sued? Should we file for bankruptcy when we really don`t yet own it? What steps should we take?
Posted from: British Columbia