My question involves real estate located in the State of: CA
We recently entered into a purchase agreement (e.g. both buyer and seller executed on the same counter offer form) for an income property. One day after the seller had executed the counter offer form, the listing agent notified us that the seller changed her mind and she was taking the property off the market. Is this legal? Can we take legal action to force seller to sell the property according to the original agreement? If so, does it make business sense to pursue legal action? thanks!