When can a seller legally decide to put a property back on the market?

A seller can legally decide to put a property back on the market when a buyer fails to secure financing by the deadline. In real estate transactions, contracts typically include specific contingencies regarding financing. If the buyer does not obtain financing within the agreed-upon timeframe, the seller is no longer bound by the contract and is free to pursue other offers. This understanding is crucial because it protects the seller's rights and allows them to move forward with the sale if the buyer does not fulfill their obligations.

Other scenarios such as a buyer not engaging a lender or the seller finding another potential buyer do not automatically allow the seller to relist the property. Similarly, an increase in property value does not provide legal justification for the seller to relist without proper cause tied to the buyer's actions under the contract. Therefore, the failure of the buyer to secure financing within the agreed timeline is the correct basis for a seller's action to re-list the property.