Where this was said
James: Mother-in-Law's House Sold $25K Under Appraisal — Any Recourse?
At 2:00:54 · chapter starts 2:00:00
The mistake was made before James could intervene: the agent, a personal connection rather than a professional, priced the home $25,000 below its appraised value and it sold within days. Now the family faces a closing in two to three weeks and wonders if there's any way to recapture the gap. Dave's legal analysis is quick: unless there's a contract contingency that allows the seller to exit — a home inspection dispute, for example — she is bound by her word and breaking the contract risks a specific performance lawsuit.[1] He acknowledges the unfairness but won't advise breach of contract. The only silver lining: if the buyer's financing falls through at the last moment, the house can be relisted with a competent Ramsey Trusted agent at the correct price.
