[nc] Signed Cash Purchase Agreement, Buyer Is Marketing My House But Won't Confirm Closing

Location: North Carolina

My spouse and I signed a purchase agreement in August 2026 to sell our home in North Carolina to a cash-buying company for $301,000. The agreement specified a 30-business-day closing timeline.

Afterward, the company asked us to sign an authorization allowing them to market the property to potential third-party buyers in hopes of getting a higher price.

Before signing, I emailed them to confirm that our original $301,000 agreement would remain in place regardless of whether they found another buyer, and that we could decline third-party offers and proceed with the original deal. They confirmed in writing:

“Regardless of whether we find a buyer, we will continue moving forward with the existing $301,000 cash deal.”

I signed the marketing authorization after receiving that confirmation.

We were later told that interested buyers had fallen through and the company was trying to find another buyer. The house remains listed on the MLS. The company most recently requested an older seller's disclosure on October 2. I've followed up multiple times, but communication has become increasingly poor. When I directly asked whether they still intended to honor the original cash agreement, I received no answer.

We are now paying both rent and the mortgage on the unsold house. We have a signed copy of the original purchase agreement, the marketing authorization, and the written email confirmation. We have not signed a separate listing agreement, extension, or cancellation agreement.

My questions:

1. Is the company potentially still obligated to complete the original $301,000 purchase, even though it's marketing the property to third-party buyers?

2. What options do we have if the company refuses to proceed or continues not responding?

3. Could the company terminate the original agreement, and what should we look for in the contract?

4. Should we consult a real estate attorney and consider sending a formal notice to perform?

We want to resolve this without unnecessarily escalating the situation, but we also cannot afford to keep paying for both properties indefinitely.