wdrl
DIS Veteran
- Joined
- May 15, 2009
- Messages
- 3,686
Ok, I have to ask... Are you on the waitlist for VGF?![]()
No, I'm not. But I suspect everyone on the wait list would like to get some points ASAP.
Received some good news today! We passed ROFR on the resale contract. Yay!!!
So now my next question is this... Are there any other risks we need to be aware of that could cause our resale deal to fall apart? i.e. can the seller change their mind? What else might go wrong? Are there any other reasons (even extreme, totally improbable ones) that we should be considering before we cancel the direct points?
Congratulations on passing ROFR.
There are some bad things that can happen that will prevent you closing on your deed: The sellers might change their minds and back out of the deal at the last minute. Maybe the sellers owe more money on their loan than they thought and can't sell at the agreed upon price. Maybe the husband of the second cousin twice removed to the seller makes a claim on the deed (well, you asked for the totally improbable ones, too!).
But don't dwell on the negative. The chances of anything going wrong at this stage of the process are very, very, very, slight. It may not go as fast as you wish, but in the end you'll get your points.
Good luck!