oh my gosh, weren’t you guys close to signing? Can they do it that late if your are?? We had a person back out of selling their house (when we moved here) and I was miffed, because we had to live in our camper for 2 months- but I can NOT imagine backing out as a buyer… unless something crazy happened (terminal illness, hubby went to iraq or orders, ect. we had togo over that kind of thing.) Did they tell you why?????
Crossing fingers, toes, and everything else. I feel naughty words on the horizon.
After we made an offer on our house, we found out that it was actually under contract to the buyers from heck, who would not go away even though their option had expired and they weren’t closing. (The joys of “For Sale By Owner”.) The first buyers actually filed a lien on the property! I had to sue them to make them go away. That was actually kind of fun, but only for me. The sellers had gray hair from dealing with those awful first buyers. We were good buyers and closed on time after the first buyers took their illegal lien off the house when they realized I was serious about suing their pants off.
Anyway. I hope you find new buyers soon and they come through for you.
This just happened to us too - our buyers backed out and then we had new buyers in two weeks who gave us more money and less work to do. So there’s hope! Of course, we haven’t closed yet so we still have our fingers crossed. Here’s crossing them for you too!
oh, man! if it’s any consolation, one of my friends waited four months to find out whether or not they were going to get the house they had put offers in on… buyer finally accepted, they began the move (cleared out of old place, but hadn’t moved into new one yet), and within two weeks, my friend had an unexpected c-section, gave birth to a sick baby, her dad died, and the house went into foreclosure. they are now in limbo land.
guess that’s not much consolation, just a very sad story. hope everything works out! move your house to southern california and we’ll buy it tomorrow!
I can totally relate to the ulcer inducing stress.
We started building a house in May 2002. The contractor walked off the job that October, put a lien on, and then sued us for money we didn’t owe him. We also had a foster daughter that ended up in residential psyche treatement for 15 months, starting the week the guy walked. Turns out there were major structural deficiencies and UBC code violations, the walls were literally falling away from the house. We lived in our large 2 car garage for 2.5 years, while trying to finish the house and getting new contractors. We paid 10.5% interest rates until October of 2007 because we couldn’t get a long-term mortgage, which the principle amount is now at least 75% larger than the original amount, because of his lien. Finally in July 2007, we got a final judgment and the guy owed us $150,000 in damages (we were ultra conservative in our claims and only sued him for half of our actual damages). He filed bankruptcy. We can’t even sell the house until we can come up with the additional $20-30K necessary for engineers etc… Oh, and to crown it all, this guy is the president of our state’s Home Building Association and spread rumors about town that we had cheated him out of a house.
If the buyers just backed out with no valid reason, may their next home be infested with all sorts of creepy crawlies including roaches, ants, termites and larder beetles, and very bad smells of mysterious and indeterminate origin.
[…] So that’s my June. I had to just sit down and crank out this post out because the inertia of my dwindling contributions to this blog was beginning to grind things to a perma-halt. Though it seems my enthusiasm for this whole shindig is minimal, I really do want to keep trying. Plus, the Wiz got HOSED this week and it seemed like the least I could do. Ok, Wiz have a DP and take a break for a day or two. […]