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Tuesday, September 20, 2005

Delayed Again

Apparently, this house was not meant to be sold quickly. Everything I have attempted to do with it has been delayed.

Escrow was supposed to close today and this morning, I called the escrow officer. She said the buyer's lender had spoken with her and told her she would have the docs "very soon." The day went by and I got a call from her this afternoon at 5:00 PM. She still didn't have the docs. The lender said she would have them tomorrow. This is the same thing he told us Friday.

So I called my agent and let her know my displeasure. She called the buyer's agent and got her voicemail, so she left a message indicating that I wasn't happy. We're going to give them one more day only, and I am not going to sign another extension. If the loan doesn't fund tomorrow, the house goes back on the market and the buyer loses his $2,000 earnest money deposit. (I'm glad we made the deposit non-refundable after the inspection period ended.) Based on this, I expect to hear something from the buyer fairly early in the morning.

2 comments:

Anonymous said...

That's an excellent play on your part I think - in your market you can afford to do such things. Apply the pressure and watch them squirm. ;-)

Trisha#1 said...

Hey, good for you! You might end up with an extra $2K!

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