All Forum Posts by: Wesley Mims

Hello bigger pockets community:

I am building specs homes and I have a buyer that says she has cash. I have recently been informed that she has a retirement account through her employer. Her employer is with the federal government. Her plan is to buy my home with the funds from this account. We had a planed close date for the upcoming week but things have changed do to Her ability to access the funds from her retirement account. The projected time for her to access these funds has been pushed back by 2 months. The home is located in a Simi Rule area and has been on the market for a while.

My question is what are some options in this situation?

Is it reasonable to think it will take 2 months for her to access these funds?

Thank you for your help in advance.