So the big let down has come.
They have no idea when the issues on the seller side is going to be resolved. There was talk about the wife's probate - which didn't concern me that much - but the thing about the heirs. That was quite concerning. There are heirs that are involved with this that have to sign off on all of this - and not just my 12 acres but also the 12 acres whoever else was buying across the street.
What is the issue with me? I was informed today is the last day of the extra 21 days and if I don't bail out, I lose the earnest money. It's entirely up to me, I was informed, to opt out and get my money back or continue one with it - but if it doesn't go through, I lose that money. It's $600 plus gone for nothing. It didn't take me long to decide to opt out and start a new contract with the seller. If he wants to, fine, if he doesn't, well I just wasted a lot of time with this. A lot of time. And a lot of daydreaming, looking the property over and figuring out how I would set it up.
But, I'm not losing $600 for nothing.
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And all of that is now cancelled. After all of that, they came back and said why don't we just extend the option period another 30 days? I mean, why didn't they just say that in the first place? The seller's agent has gone through some ordeal with the seller. Elderly was the attribution attributed to this fellow, today I find out he's 84 years old. People get up there in years and get set in their ways pretty good. The seller won't do anything unless his realtor/agent comes to his house. So apparently that's where we're at and I'm content - for now - to wait this thing out. I won't be content forever, especially considering I found a couple of other properties that would fit the bill that have recently come on the market.
Yes, I started looking again after I heard all of this today.
Oh, well my realtor told me that the seller's realtor has gone through quite a bit of pains to try and get this deal done with the seller and his insistence the realtor come over to his house anytime anything needs to be done. Losing a buyer isn't exactly on his wish list. I do believe if this property came on the MLS and open to anyone it would probably sell pretty quick. Well I dunno lol. Not with all of this stuff going on with it and the endless waiting game. Stuff that should have been done long ago is now at a standstill and no guarantees that it will be rectified - meaning no property for me, at least not this one.
So, the in-limbo game goes on - indefinitely. Nahh, not indefinitely, I'll move on if I have to. It kind of makes me wonder if this also isn't the right place to build. Or, is it worth the wait and sit it out.
I dunno, but it's time for bed, early rise for Brownsville run.
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