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Updated about 6 years ago,
Renegotiate or walk away?
I'm in contract on a Duplex and the closing is Monday. Its friday and me realtor just called and said the seller can't close because there is a tenant in one unit that won't leave. (The tenant is also behind on rent.) I required that the unit be empty before closing because it needs work and the renters were behing on rent.
So I have a few options.
1-Back out of the deal and start looking for a new deal.
2- Change the closing date.
3- Or make a creative counter offer. Maybe like $ off the price for every 30days the closing is delayed or some other creative idea.
Let me know because this is my first purchase so I dont have experience to fall back on.
Thanks!