Asked by Mel, Oregon • Fri Jun 22, 2012
Any advice would be appreciated! My husband and I are in the final stages of closing on a home in NW Portland. We are having trouble with the seller or maybe the selling agent (?), who are indicating that they don't think we can close the deal. They initially wanted for us to close on the house, and take possession two days later (without charging any PITI), all because they didn't want to move out, and then move back in if we couldn't get the loan. We said NO. We now have a fully approved loan , and are in position to deliver funds by the targeted closing date, yet the sellers are still are dragging their feet. They now asked for a letter from our bank proving we are funded, which we provided, but still want to give us possession on the Monday after our closing date. My husband and I are both employed doctors, with a 20% down payment, and no house to have to sell, and don't understand just what is going on. How common is this, and do we have any power here?
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