Asked by Gotoma8, Emeryville, CA • Mon Aug 6, 2012
Hi, I am selling my loft and I signed an Extension of Time Addendum to give the buyer until the 3rd of August to release both the Loan and Appraisal contingencies. As of today, the 6th of August, the Buyer signed and released the Appraisal contingency, but not the loan, citing that the Lender has yet to certified the condo certification.
Does this mean that the Extension of Time, which expired on the 3rd of August is breached and I as the seller, can call off the purchase agreement?
Thank you for your help!
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