Well last week I asked whether or not my good faith commitment letter was solid or not. Now my question is it really mine? I signed the POS and then my real estate agent went to Vegas without dropping it off. However my check for a good faith offer of $500. has been cashed and my bank stated it will only take 3 days from the time they get the POS and my condo docs to order the appraisal and send a commitment letter. Also we are yo yoing w/the closing date but the latest is March 15. The bank says they will be ready by the 5th. So I did it right? It is mine all mine? I am always waiting for the other shoe to drop, so I just need a little back up. I know a lot of you have way more knowledge on these matters then I do, and I really want to start packing. What do you think? Thanks so much for any and all thoughts!!!!!!
2007-02-19 13:01:44 · 4 answers · asked by DBL L 2 in Business & Finance ➔ Renting & Real Estate
Whats up with your agent?
He left without dropping off your contracts.
I would be p$%%ed, What kind of agent is he/she? I would have second thoughts about using an agent who left for vacation with out dropping off my contracts, or at least leaving the file in good hands for another agent to take over.
None the less, it sounds like you will close, everything sounds good, but as stated above, its not a deal until funds transfer hands.
Good luck,
RE Agent,
Remax
2007-02-19 13:40:28 · answer #1 · answered by frankie b 5 · 1⤊ 0⤋
Nothing is transferred until the close. Only when the funds exchange hands does the property exchange hands. Too many things can happen so I would not say for sure this is a done deal. Contact your realtor's boss - see what they say. If there's money around someone will know where it is.
2007-02-19 13:35:22 · answer #2 · answered by Anonymous · 1⤊ 0⤋
It's not yours until you go to closing. Right now, it sounds like you made your offer and it was accepted so far.
2007-02-20 00:25:54 · answer #3 · answered by KathyS 7 · 1⤊ 0⤋
http://www.breakingbubble.com/
The shoe will drop after you find out your are under water.
Best of luck
2007-02-19 14:16:14 · answer #4 · answered by Anonymous · 0⤊ 1⤋