Bankruptcy typically result

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Question

Why does seller bankruptcy typically result in the discharge of a purchase contract? because the seller is usually no longer interested in selling the property because the listing broker can no longer be assured of a commission from the sale of the property because the seller typically loses control of the property while the courts decide what will be done with it because the buyer usually does not want to buy a property stigmatized by the bankruptcy status of the prior owner.

Reference no: EM133812573

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Bankruptcy typically result : Why does seller bankruptcy typically result in the discharge of a purchase contract? because the seller is usually no longer interested in selling the property

Why does seller bankruptcy typically result : Why does seller bankruptcy typically result in the discharge of a purchase contract? because the seller is usually no longer interested in selling the property

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