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What happens if the seller cannot close?

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What happens if the seller cannot close?

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Ordinarily the Seller cannot close because there is a problem with the title to the property, the Seller does not actually own the property or the Seller has died. Any other reason for the Seller’s inability to close is usually because the Seller does not want to close. If the Seller has had a change of heart and refuses to close you can sue the Seller for specific performance. Obviously this is a broad and general statement and you should immediately consult an attorney in Florida if you find yourself in this situation. If the Seller cannot close because the Seller does not actually own the property, it may be that you can still close if you grant the Seller an extension to clear the problem. Usually the Seller is a beneficiary or heir of the deceased person who owned the property and a probate has to be filed in order to clear title. This is another reason why you should have title insurance because the title examiners will ensure who owes the property and can usually assist the Sell

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