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Updated over 6 years ago on . Most recent reply

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Patrick Philip
  • Florida
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What if I refuse to grant an extension?

Patrick Philip
  • Florida
Posted

I have some interested buyers that got the house under contract, with a deadline to cancel for inspection period today. Their realtor got back to me today and said they want to extend the period for 2 days to allow for a termite inspection. What if I just refuse to extend it and hold them to the original agreement?

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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied

If I was the buyer, I'd cancel the contract under the inspection clause under those circumstances. 2 additional days for termite inspection shouldn't be a big deal to anyone. Unless you think it has termites, want to sell to someone else and are looking for your own way out, or gave them some unreasonably long inspection period like a month or two. 

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Skyline Properties

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