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Tax, SDIRAs & Cost Segregation
HomeForumsTax, SDIRAs & Cost SegregationRecourse for Delayed Closing?
Michael Ricklick's profile image
Michael Ricklick's profile image
Michael Ricklick
  • Rental Property Investor
  • from Modesto, CA
  • Member since Aug 5, 2019
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Michael Ricklick's profile image
Michael Ricklick's profile image
Michael Ricklick
  • Rental Property Investor
  • from Modesto, CA
  • Member since Aug 5, 2019
Connect
Michael Ricklick
  • Rental Property Investor
  • Modesto, CA
1
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6
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Tax, SDIRAs & Cost Segregation

Recourse for Delayed Closing?

Michael Ricklick
  • Rental Property Investor
  • Modesto, CA
Posted Dec 13 2019, 11:08

It is the holiday season and we had a closing date on a duplex of Dec. 6th, which currently has no end in site. The seller's broker has a history of delays, their attorney was running for public office and their title company has lost paperwork. Our NY lawyer will be giving the seller a "Time of the Essence" letter. Do I have any recourse? 

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