Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago on . Most recent reply

User Stats

89
Posts
26
Votes
Lilly Fang
26
Votes |
89
Posts

Wholesaler failed to close, what can i do? Pinpoint offers

Lilly Fang
Posted

Pinpoint offers (the wholesaler) failed to close escrow. The seller was still in the house. Pinpoint said it’s clearing a title issue. Someone in their own team said the seller was waiting to close her purchased home. I requested a clear and definite date of close. They said they are actively working to clear title and can’t give a clear date.

I already had contractor lining up for the work and now had to inform them the delay. 

I can’t let this delay indefinitely since I am going abroad for a month in June. I can’t sign the closing document while I am traveling from country to country.

What can I do? Can I give them a deadline? If no closure by 5/10, I have to cancel the contract. Should I get a real estate attorney? If so, any recommendations in California.

Loading replies...