Last Sunday at 9pm I received an offer contract with the note that the buyer would appreciate a prompt response. I accepted the offer and signed the contract 1pm monday.
The contract specifies a $10,000 deposit due on execution and inspection by 10/18 and another $10,000 on 10/20.
Today, Friday no initial deposit and the buyers realtor says his friends are telling him it is too far away.
We decided that if the buyers agent does not have the check for the first deposit by 9pm we are going to cancel and start showing again this weekend.
Seems even if he comes up with the money tonight he won't be able to schedule inspection by 10/18.
Thoughts?
The contract specifies a $10,000 deposit due on execution and inspection by 10/18 and another $10,000 on 10/20.
Today, Friday no initial deposit and the buyers realtor says his friends are telling him it is too far away.
We decided that if the buyers agent does not have the check for the first deposit by 9pm we are going to cancel and start showing again this weekend.
Seems even if he comes up with the money tonight he won't be able to schedule inspection by 10/18.
Thoughts?