Please do a Notice to Perform

By
Real Estate Broker/Owner 01293735 CA

For the first time ever, I asked a listing agent yesterday to prepare a Notice to Perform for my buyer. The buyer has not deposited the earnest money for over 2 weeks. They also have not provided proof of funds. They have done a home inspection. They are communicating but not doing anything. In the past, they were real estate agents so they do know how the process works.

I spoke with the listing agent and asked her to do a Notice to Perform so we can find out if they are in or out, no longer figuring it out. After a few hours, she calls me and says the seller will wait. He doesn not want to lose them as buyers.

Supposedly, the deposit is going into escrow today. If it does not, I want an honest explanation of what the delay is and how long they need to delay. I feel we can deal with the situation whatever it is as long as we know what it is.

 

Posted by

 LORI BOWERS

http://www.loribowers.com

The Lori Bowers Group

A boutique Real Estate Office, with a full service team to serve all your Real Estate Needs

La Quinta, Palm Desert, Indio, Rancho Mirage, Coachella , Indian Wells and the surrounding Palm Springs Area.

78120 Calle Estado Suite 103

Old Town La Quinta

La Quinta, CA 92253

Phone: (760)8311595• Fax: (760)771-5327

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Rainmaker
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Charles Stallions Property Manager
Charles Stallions Real Estate Services - Pace, FL
Pensacola, Pace & Gulf Breeze Property Management

Just stopped by Lori, to read your post and wish you a Happy Thanksgiving 

Nov 27, 2013 11:48 AM #1
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