Dh and I have a real estate agent, but I wanted to get some advice from other agents or attorneys who are not involved in our situation before talking to him. I've tried calling my cousin and her dh who are real estate agents, but I haven't been able to reach them so I'm asking here.
We recently re-located and are in the process of selling our house. The couple who are buying it are related to an attorney who specializes in another area of law - not real estate/property law. They want their relative to do the closing because it is free to them. The signed contract had yesterday (10/31/06) listed as the final closing date.
Last week, the buyers asked us to extend the closing until mid Nov. We said no because everyday we keep the house it is costing us money.
Our agent called yesterday afternoon to tell us that the closing did not happen yesterday morning. (We have signed papers giving him power of attorney to handle our end of the closing so we don't have to make a trip back for it. He is not making the power of attorney active until we review the papers and give him the go ahead.) He told us that they were planning to do the closing today, and he asked Dh if we had the papers to review. We did not have the email with the papers attached.
Around 10PM last night we finally got the email with the papers. The papers were such a mess. Besides incorrect numbers, there were missing figures and addition errors! All of the incorrect numbers were in their favor - go figure!
Dh is at work this morning straightening out their mess! His boss gave him permission to work on it.
The mistakes are just so obvious that I am having a hard time believing the mistakes are, well, mistakes. It looks like a stall tactic to me. I don't know why they wanted to extend the closing, but it looks to me like they are making "mistakes" on the papers to stall until the day they want to do the closing. Keep in mind that everyday we keep the house it is costing us money! They are only saving $350 by using their relative, but it is costing us well over that amount!
At this point what are our options to make them co-operate with the contract?
Can we say "Obviously, your relative doesn't know how to handle property closings. If you really want the house, we want so-&-so attorney to do the closing. ????????
Their "free" is costing us $$$$$ !!!!!!!! HELP!!!!!!!!!!!
We recently re-located and are in the process of selling our house. The couple who are buying it are related to an attorney who specializes in another area of law - not real estate/property law. They want their relative to do the closing because it is free to them. The signed contract had yesterday (10/31/06) listed as the final closing date.
Last week, the buyers asked us to extend the closing until mid Nov. We said no because everyday we keep the house it is costing us money.
Our agent called yesterday afternoon to tell us that the closing did not happen yesterday morning. (We have signed papers giving him power of attorney to handle our end of the closing so we don't have to make a trip back for it. He is not making the power of attorney active until we review the papers and give him the go ahead.) He told us that they were planning to do the closing today, and he asked Dh if we had the papers to review. We did not have the email with the papers attached.
Around 10PM last night we finally got the email with the papers. The papers were such a mess. Besides incorrect numbers, there were missing figures and addition errors! All of the incorrect numbers were in their favor - go figure!
Dh is at work this morning straightening out their mess! His boss gave him permission to work on it.
The mistakes are just so obvious that I am having a hard time believing the mistakes are, well, mistakes. It looks like a stall tactic to me. I don't know why they wanted to extend the closing, but it looks to me like they are making "mistakes" on the papers to stall until the day they want to do the closing. Keep in mind that everyday we keep the house it is costing us money! They are only saving $350 by using their relative, but it is costing us well over that amount!
At this point what are our options to make them co-operate with the contract?
Can we say "Obviously, your relative doesn't know how to handle property closings. If you really want the house, we want so-&-so attorney to do the closing. ????????
Their "free" is costing us $$$$$ !!!!!!!! HELP!!!!!!!!!!!