Question Details

Macoda, Home Seller in

What are my rights when the buyer's lender keep delaying settlement; it has been over 2 months and 4 cancels?

Asked by Macoda, Tue Jul 1, 2008

Help the community by answering this question:


Hi Macoda,

You did not specify where you are. It would help others who try to answer you as each state has different practice.

What do you mean by 4 cancels? Cancel what?

Yes, in CA, both sides can do a 24 hours notice to cancel the contract. But you are probably not in CA or you do not have Realtor presentation, because your Realtor probably would not let that happen.

But, not knowing more than what you stated, I really can't say.

1 vote Thank Flag Link Sat Jul 5, 2008
Sylvia Barry,…, Real Estate Pro in Novato, CA

In California we have a 24 hour notice for the buyer to perform. Has your buyer been served with one?
1 vote Thank Flag Link Fri Jul 4, 2008
Pam Winterba…, Real Estate Pro in San Ramon, CA
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer