Contracts Keyed to Farnsworth
Ragosta v. Wilder
Facts
Plaintiffs began looking for financing in anticipation of a sale in September and had offered defendant a $2000 check along with an offer to purchase. Defendant made a counter-offer to sell for $88,000 but refused the $2000 check. The counter offer said he would sell it to them for 88,000 up to Nov. 1, “providing said property has not already been sold.” Plaintiffs verbally accepted the offer on October 1. Plaintiffs had originally planned to close the deal on October 8, but called on October 6 to say that it would October 10. On October 8, Defendant called and said he was no longer interested in selling at which time Plaintiffs informed him that they would be at bank prepared to close at 10am on October 15.
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