All Forum Posts by: Jessica Giles

UPDATE - the seller's agent finally reached out to indicate that the seller will be signing the termination agreement tomorrow. Hopefully the nightmare is over soon!

The property had renters in place, so walk a through of the one unit that showed this was only permitted once under contract. I'm an out of state investor so flew out for my inspection when we could see this. This wasn't a flippant situation.

Hi all, I just sold a property and am in my 45 day window with a 1031 exchange to identify a new one. I did so early on and went under contract, but the inspection revealed MAJOR structural issues that cause use to terminate under our inspection out. Unfortunately, the seller's agent has been very aloof and non-responsive from day 1, and the last we heard was that the seller wanted to consult w his lawyer and refused to sign our mutual termination agreement. I have $4k in stuck escrow, but the bigger issue is that I can't make any new offers and am under the gun with my exchange. Any experience with this? Do I need to get an attorney involved? Do you know one in St Louis?

Thanks for the referral @James Carlson! I'm the Director of Business Development at Whole Property Management and am happy to connect with anyone exploring options for property management in the Denver and Colorado Springs markets.