Asked by Cindy, Chester, CA • Thu Nov 8, 2012
On 10/18/12 we received the approval letter on our cash offer for a short sell. There are renters in the property and in our agreement with the sellers, it is their responsibility to get them our before we close escrow. Escrow is supposed to close on or before 11/23/12. Since 11/22 is Thanksgiving and 11/23 is a holiday for many financial and title companies, we are ready to close ASAP. The sellers were informed to give there tenants the 30 day notice on 10/18; therefore they should be out by 11/19/12. However the renters are being difficult. We do have approval from the bank for an extension to close escrow, but I do not need an extension...I WANT MY HOUSE! MY FINANCES ARE ALREADY IN ORDER. The realtor has been very good at showing the renters other homes and been in contact with them. Can I request mediation with the sellers if we do not get to close escrow on time? Do I have any recourse? We put in our 30 day notice to landlord as instructed by Realtor.
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