Becoming impatient

[princesslover]

So my offer was accepted last Wednesday February 24. On Friday February 26, I received the contract. I signed the same day. My husband signed the next day (Feb 27). This past Monday I gave my cc# to the title company. I’ve been waiting to hear that it was being sent for ROFR but nothing. I emailed today and they told me the sellers haven’t signed yet. Tomorrow will be one week since I signed the contract. I’m concerned the sellers are not really responding very fast. Or maybe I’m impatient?

 

[princesscinderella]

So my offer was accepted last Wednesday February 24. On Friday February 26, I received the contract. I signed the same day. My husband signed the next day (Feb 27). This past Monday I gave my cc# to the title company. I’ve been waiting to hear that it was being sent for ROFR but nothing. I emailed today and they told me the sellers haven’t signed yet. Tomorrow will be one week since I signed the contract. I’m concerned the sellers are not really responding very fast. Or maybe I’m impatient?

The process of signing the contract is usually a quick process but there are definitely outliers. The last contract I did was signed by me on a Friday and wasn’t fully executed by the sellers til the following Thursday, so it does happen. I think sometimes the sellers are maybe not computer savvy and need a little help with the electronic signature process. I know I have to help my MiL with things like this as she gets very frustrated with it.

 

[Sandisw]

A week is a little long for the initial stage. If it were me, I’d contact broker snd let them know you will give sellers are few more days or you are going to move on.

 

[princesslover]

A week is a little long for the initial stage. If it were me, I’d contact broker snd let them know you will give sellers are few more days or you are going to move on.

The broker has been great. If I don’t hear anything by end of day tomorrow I will email again. It is seeming long to me too but this is my first resale. (We own direct.). Thanks.

 

[heynowirv]

I think 10 days would be my limit and then I'd walk. This really is a simple edoc signature. When and if this get's passed and the owner's then will have to get the contract notarized. I'm sending good vibes for this to work.
PS Is this the amazing once in a lifetime contract?

 

[princesslover]

I think 10 days would be my limit and then I'd walk. This really is a simple edoc signature. When and if this get's passed and the owner's then will have to get the contract notarized. I'm sending good vibes for this to work.
PS Is this the amazing once in a lifetime contract?

Well, it’s my first resale and I was very proud of my negotiating to the price I wanted. (CCV 100 points-$140 ppt). Not sure it’s once in a lifetime but I’d be sad to lose it.

 

[heynowirv]

Well, it’s my first resale and I was very proud of my negotiating to the price I wanted. (CCV 100 points-$140 ppt). Not sure it’s once in a lifetime but I’d be sad to lose it.

Good luck but if you lose this one there's another one begging to be had....eventually.

 

[PurdueTodd]

We had an offer on a small contact last year that the owner didn’t sign either. It was frustrating to say the least. We signed, sent the money to escrow, already passed ROFR, etc......the seller never signed. It ended up passing the 28 day time frame that was in the contract. The agent asked if we wanted to continue waiting on the seller....we opted out and bought 50 direct.
it worked out for us because it was a December UY, we got the 2019 points as well as the 2020.

 

[HappyThoughtsTees]

We are experiencing some issues with our sellers as well, but with closing docs. They are divorced, so there are two sets of docs, one already returned, one hasn't sent them in yet. It's been a week. One would think they'd want their money and sign quickly
Hope you get a response soon!

 

[MICKIMINI]

I went through something similar on closing docs from the seller. It went way past the "drop dead" date and I had to threaten to walk before he finally signed the documents. He had excuse after excuse...

I held out because the two contracts were a great price and bundled for one closing and matched the UY of our other OKW contracts.

I'm getting antsy about the 30 days I've been waiting on ROFR for a SSR contract. Sometimes these sail right through and other times not so much. Personally, I'd give the seller x number of days and then move on. It may be a sign the contract will be difficult regardless and save you the pain of waiting months for nothing. Good luck!

 

[cruisehopeful]

That's frustrating, especially if it is being done with docusign. I'd probably start looking at other contracts and if you see something you want, let the broker know that you are going to move on if this isn't done in 24 hours