Timeline for Buyers have changed closing dates multiple times, costing us nearly $5000 in additional costs -- what can we do?
Current License: CC BY-SA 3.0
6 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Aug 16, 2017 at 3:34 | answer | added | Dale M♦ | timeline score: 6 | |
| Aug 15, 2017 at 20:16 | comment | added | mikeazo | You could look into a bridge loan in order to close on the new place. But that could be risky. Do you have a realtor who is helping you? Unfortunately, it has been my experience that dates on real estate contracts are fluid unless one side or the other puts their foot down. Your agent (if you have one) should be able to help you know your options (which include relisting the home and finding a new buyer, negotiating some compensation from the current buyer). | |
| Aug 15, 2017 at 20:12 | comment | added | MrDuk | It's a new construction, so no one is living in it. We haven't closed because the proceeds from our current home will be the down payment on our new home. | |
| Aug 15, 2017 at 20:11 | comment | added | mikeazo | I'm curious, why haven't you been able to close on your new place? And aren't you delaying the seller of that place by not closing? | |
| Aug 15, 2017 at 19:51 | answer | added | user6726 | timeline score: 3 | |
| Aug 15, 2017 at 19:34 | history | asked | MrDuk | CC BY-SA 3.0 |