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Updated about 4 years ago on . Most recent reply

User Stats

235
Posts
150
Votes
Joseph A.
  • New Rochelle, NY
150
Votes |
235
Posts

Confused Buyer(Seller Doesn't Want to Sell)

Joseph A.
  • New Rochelle, NY
Posted

I had a property under contract and initially the sellers only wanted to give me two weeks to close but we immediately requested more time for appraisal and title search and they gave us an additional week. The earliest the lenders could schedule the appraisal was for the following week, so we fought for more time and they extended us an additional week. So I go back and request to extend closing by two additional weeks and they say no so we cancel the deal only for them to put the property back on the market and will likely still be there beyond the date I requested to have closing extended to. It seems like they don't want to sell the property. What reason would a seller have to not extend closing?

Most Popular Reply

User Stats

235
Posts
150
Votes
Joseph A.
  • New Rochelle, NY
150
Votes |
235
Posts
Joseph A.
  • New Rochelle, NY
Replied

@Ben Zimmerman under normal circumstances my hard money lender can close in 10 days, everyone is backed up in my area. I wasn't the one asking for extra time it was the hard money lender.

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