MIA Seller! What’s next?

3 Replies

I have closed on over 20 real estate deals, and I've just experienced my first! I was was supposed to close on a property yesterday, but the seller has been MIA (missing in action) for about two weeks! "Supposedly", the seller's agent and broker can't get in touch with them at all. The seller isn't responding to phone calls, texts, emails, etc. I say "supposedly" because everything seems so fishy. The agent has closed a couple properties with this seller recently too. The agent and broker refuse to go inside the property for a wellness check. The agent and broker are wanting me to cancel the contract, but we can't cancel it without the seller's signature. The seller's has the property set up under an LLC, and they are from Brazil.

Any advice on how to move forward?

Originally posted by @Theresa Harris:

Talk to your attorney.  If they fail to show up for closing, isn't the contract void?  You should be able to keep the deposit.  

What would entitle him to the deposit?  I would think it would go back to the buyer

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Originally posted by @Chris Purcell:
Originally posted by @Theresa Harris:

Talk to your attorney.  If they fail to show up for closing, isn't the contract void?  You should be able to keep the deposit.  

What would entitle him to the deposit?  I would think it would go back to the buyer

 You are correct. I flipped the two around.