Dying |
| Hilarious. Most likely it went pending immediately from a cash sale and there is a 30-60 days closing period at the sellers request. And/or seller is failing to perform some repair. |
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You can make a cash offer.
Realistically, they probably won’t accept but will feel more confident in sayings no to any further requests from the buyer. Sometimes that’s all it takes. |
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When we bought our recent house we offered all cash and signed a 30-day close. But then it took something like three months.
We purchased from an estate sale and a probate issue came up. Stuff happens that delays real estate transactions. |
| 30 days doesn't seem weird? |
It's not. OP is inexperienced with real estate. |
One day when you understand what a contract is, you will realize how ridiculous your comment is. The property is not available at this point. |
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| Some loans take longer to close than others |
| Yes. Lots of sales are falling apart b/c of financing issues. |
This is why you get $$ or a credit and pay to do it yourself. So it’s done how you want (and correctly) and so that you can move in. I never understand why buyers have sellers fix issues, they will likley pick the cheapest fix! |
The current buyer with the contract in place doesn’t necessarily even have a loan. |
Buyers choose higher offers with mortgages over cheapskates with lowball cash offers all the time, and 99% of the time it works out. |
| Pending typically means that there's nothing that will cancel the sale from the buyer's end, they are clear to close. For all you know there's a title hiccup that they're working out. |
I generally agree with you. The one time this happened to us was when the house had a 28-year-old roof and we couldn’t find homeowner’s insurance. The seller replaced it before closing. |