Home › Forums › Closed Forums › Buying and Selling RE › My sale is getting sketchy – BofA shenanigans – advice needed!
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UCGal.
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October 14, 2010 at 4:41 PM #619311October 14, 2010 at 4:49 PM #618243
Doofrat
ParticipantWhy doesn’t the buyer just put their stuff into storage and rent a suite at one of those corporate rental places?
To me, that seems like a lot of risk for you if the deal falls through, I’d want it sealed before people start moving in, maybe I’m just being paranoid?October 14, 2010 at 4:49 PM #618330Doofrat
ParticipantWhy doesn’t the buyer just put their stuff into storage and rent a suite at one of those corporate rental places?
To me, that seems like a lot of risk for you if the deal falls through, I’d want it sealed before people start moving in, maybe I’m just being paranoid?October 14, 2010 at 4:49 PM #618879Doofrat
ParticipantWhy doesn’t the buyer just put their stuff into storage and rent a suite at one of those corporate rental places?
To me, that seems like a lot of risk for you if the deal falls through, I’d want it sealed before people start moving in, maybe I’m just being paranoid?October 14, 2010 at 4:49 PM #618999Doofrat
ParticipantWhy doesn’t the buyer just put their stuff into storage and rent a suite at one of those corporate rental places?
To me, that seems like a lot of risk for you if the deal falls through, I’d want it sealed before people start moving in, maybe I’m just being paranoid?October 14, 2010 at 4:49 PM #619316Doofrat
ParticipantWhy doesn’t the buyer just put their stuff into storage and rent a suite at one of those corporate rental places?
To me, that seems like a lot of risk for you if the deal falls through, I’d want it sealed before people start moving in, maybe I’m just being paranoid?October 14, 2010 at 6:53 PM #618298sdrealtor
ParticipantSounds like you have a good buyer acting in good faith and you likely would be best served to let them get a new loan. Under no circumstances would I allow them to move in prior to the close of escrow. Too much can go wrong.
October 14, 2010 at 6:53 PM #618384sdrealtor
ParticipantSounds like you have a good buyer acting in good faith and you likely would be best served to let them get a new loan. Under no circumstances would I allow them to move in prior to the close of escrow. Too much can go wrong.
October 14, 2010 at 6:53 PM #618934sdrealtor
ParticipantSounds like you have a good buyer acting in good faith and you likely would be best served to let them get a new loan. Under no circumstances would I allow them to move in prior to the close of escrow. Too much can go wrong.
October 14, 2010 at 6:53 PM #619053sdrealtor
ParticipantSounds like you have a good buyer acting in good faith and you likely would be best served to let them get a new loan. Under no circumstances would I allow them to move in prior to the close of escrow. Too much can go wrong.
October 14, 2010 at 6:53 PM #619368sdrealtor
ParticipantSounds like you have a good buyer acting in good faith and you likely would be best served to let them get a new loan. Under no circumstances would I allow them to move in prior to the close of escrow. Too much can go wrong.
October 14, 2010 at 7:01 PM #618308LeaSD
ParticipantI agree with sdrealtor – bird in the hand with the current buyer, I would work with them on extending the escrow front BUT politely explain that you cannot enter into a short term rental that it is too fraught with potential conflict/issues.
Do you have the right to any involvement, verification from their lender/broker? I would extend escrow but with some “check points” to make sure things keep moving along.
ALSO – what is your living situation? If you have not moved out of the house and are going to have double rent anyhow – I would consider staying and/or leaving sufficient furnishings in case you DO need to go back on the market. Furnished homes show so much better.
October 14, 2010 at 7:01 PM #618394LeaSD
ParticipantI agree with sdrealtor – bird in the hand with the current buyer, I would work with them on extending the escrow front BUT politely explain that you cannot enter into a short term rental that it is too fraught with potential conflict/issues.
Do you have the right to any involvement, verification from their lender/broker? I would extend escrow but with some “check points” to make sure things keep moving along.
ALSO – what is your living situation? If you have not moved out of the house and are going to have double rent anyhow – I would consider staying and/or leaving sufficient furnishings in case you DO need to go back on the market. Furnished homes show so much better.
October 14, 2010 at 7:01 PM #618944LeaSD
ParticipantI agree with sdrealtor – bird in the hand with the current buyer, I would work with them on extending the escrow front BUT politely explain that you cannot enter into a short term rental that it is too fraught with potential conflict/issues.
Do you have the right to any involvement, verification from their lender/broker? I would extend escrow but with some “check points” to make sure things keep moving along.
ALSO – what is your living situation? If you have not moved out of the house and are going to have double rent anyhow – I would consider staying and/or leaving sufficient furnishings in case you DO need to go back on the market. Furnished homes show so much better.
October 14, 2010 at 7:01 PM #619063LeaSD
ParticipantI agree with sdrealtor – bird in the hand with the current buyer, I would work with them on extending the escrow front BUT politely explain that you cannot enter into a short term rental that it is too fraught with potential conflict/issues.
Do you have the right to any involvement, verification from their lender/broker? I would extend escrow but with some “check points” to make sure things keep moving along.
ALSO – what is your living situation? If you have not moved out of the house and are going to have double rent anyhow – I would consider staying and/or leaving sufficient furnishings in case you DO need to go back on the market. Furnished homes show so much better.
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