Need Help: Changing Closing Date at last minute

[Nilesh Makhija]

Hello BP Community -

Need your suggestion here

One week before closing the seller came back saying he wants to push the closing date by 4 weeks. What this means my future tenant has to wait for 4 weeks and also the my property is not making money and I have to wait because of the seller.

What are the options I have to go back to seller

1. I understand walking out would be one of the solution, but do not want to do that as I like the property.

2. I can ask my future tenant if thats okay to wait.

Should seller be reimbursing me any costs associated, or what are the options I have?

[Nilesh Makhija]

@Chris Bounds- The seller agreed to give $500 for closing credit which I think is okay for this transaction. And yes I have the similar opinion dealing with current tenant is seller's responsibility and as a buyer we had asked for vacant possesion