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Tax, SDIRAs & Cost Segregation

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Matt N.
  • Investor
  • Washington, DC
13
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51
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Have a purchase contract, Seller wants to fire her Agent!

Matt N.
  • Investor
  • Washington, DC
Posted Dec 3 2016, 20:45

Hi awesome Real Estate fans,

I have a situation and need advice on what to do. I had signed a Purchase Contract as the Buyer in July 2016 for a short sale condo. I had appointed the Seller's agent as also my agent and signed the disclosure. The closing was stated to be in Oct 2016. The Sellers agent didn't get the short sale approval from the bank so we couldn't close in Oct. Now I received a call from the Seller's agent saying that the Seller has fired her and appointed a new agent. What does this mean for me? Can the Seller do this while under contract? How can I resolve this? My intention is to purchase not to cancel. 

If you had similar experience please share. 

-Matt

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