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Updated over 6 years ago on . Most recent reply
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- Real Estate Entrepreneur
- Mid West, East Coast
- 1,255
- Votes |
- 2,998
- Posts
Contract expires next week, buyer cant close for two weeks WWYD??
We have come to a bit of a crossroads. We have a deal wherin sellers contract expires(he will not renew) 10/10 however buyer cannot close until one week after.
Our relationship with buyer is new however was referred by a certified closer. Buyer lives out of state and has not put down any EMD. Would you buy the property and hold for a week or let the deal die?
All other interested parties have either not come up with the funds to close or passed on the deal. Property is a 3-unit occupied rental in C-D neighborhood and we are not necessarily interested in holding this one. P/P $45k
Most Popular Reply
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- Real Estate Broker
- Cody, WY
- 41,072
- Votes |
- 28,065
- Posts
No earnest money? i wouldn't even accept the contract if they aren't willing to at least do that. I would walk away from this without hesitation. Why are you putting any faith in this individual?
- Nathan Gesner
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