The worst case is upon us. A week and a half ago, the seller's attorney faxed our attorney a one page letter stating the seller decided not to sell due to the conditions of the contract.
A couple of phone calls to the seller's broker, to the loan officer, and to our broker, we got the pretty good impression that the seller was not interested in selling.
Ok, big disappointment. And, since we paid to get the engineering report produced, gave it to the seller to try and get the price reduced for necessary repairs, we were out $600, and the seller got a free appraisal of the stuff wrong with her property. We are still deciding what to do about this-my guess is that there is not much we can do...
So, after a week of sulking, we started to look at listings again. Today, we went and saw four, one of which we are considering. More on that house in the next post.
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