The primary reason a buyer doesnâ€™t remove contingencies is to protect their deposit, especially if their worried about getting the loan.
I suggest you speak with the buyerâ€™s lender directly. This should give you a good understanding of where things are at. The only other option would be to send a NBP. Remember this is not a cancellation; it just opens the ability for you to cancel. However, you could make them angry and they could just cancel on you â€“ so be careful if you donâ€™t have another buyer waiting in the wings.
Also have your agent contact the previous buyers or interested parties. This should at the very least provide comfort.
A good lender will always be able to meet the Loan contingency period, but it largely depends on if a buyer has provided all the required documentation on time. It may be a bit different in Fresno and Iâ€™ll be the first to admit, there are several business people that donâ€™t put in the extra effort these days.
I think after speaking with the lender, you'll come away with a better understanding of where everything stands.
Hope this helps!
Rocky G.H. Hawrysz
Prudential California Realty
(209) 444-6610 â€“ Direct | Rocky@PruCalifornia.com | http://www.TeamHawrysz.com
| License No. 01468373