Asked by Jen, Ohio • Fri Feb 13, 2009
My Husband and I found a house that we absolutely love but there is another offer that has been already been accepted and set up for closing, however they have yet to secure financing, for over a month now. We went ahead and put in a back up offer with money down and the sellers accepted it. Our Realtor is also the other parties realtor and has told us 3 times that the sellers have given the other people an extension to get financing and close on the house. A month has gone by since our offer was accepted. It just doesnt seem right that we are preapproved on our mortgage, we put money down and the other couple cant even get financing. Yet our realtor just tells us to wait it out each time.
Is this legal? Dont we have rights? If we go with another Realtor will we fall behind the other 3 offers in line?
Popular Categories in 43723
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!