Chicago Buyer Unresponsive after Inspection Reply from Seller

[Noah Lomax]

Hi folks,

We are currently under contract for a condo sale in Chicago. The buyer requested an extension to inspection, which we granted (two days). After inspection, we replied to the buyer’s requests within a few hours (agreed, negotiated, and rejected a few). And then we’ve had radio silence. It’s only been 24 hours, but inspection expired end of business yesterday (7 hours after we replied). 

My lawyer is saying my only options are to wait or terminate, lose the earnest money, and re-list. 

Do we have any other options?

Grateful for any guidance! 

[Michael J Scanlon]

@Noah Lomax

I would wait up to 3 days then inquire about the response. And attorney review is likely still open. Attorneys add a provision that attorney review shall remain open until requests are resolved. Very normal timelines though-nothing to stress about yet.