General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 17 years ago on . Most recent reply
![Minna Reid's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1734/1733256128-avatar-minna.jpg?twic=v1/output=image/crop=1134x1134@0x238/cover=128x128&v=2)
Losing time and money
I had two closings set for end of May....one was fine...of course the other became a huge pain. At least it was the less profitable one. Sure enough there was a last minute snag which came at the 11th hour. My buyers buyer had a problem with their mortgage and because my sale is contingent on his sale...I'm stalled. According to my lawyer they have a "reasonable" amount of time to work it out. So I can do nothing but sit and wait. I can't pull out from the sale, but instead every day I lose a little money holding the property. Fun, fun.
I've already shipped out my staging furniture, and had the property off the market for a month. He has a 10k deposit. Will I be able to get some of that if this sale falls apart, and I have to start over?