Under Contract

A snapshot from the road

Just when we were starting to doubt this entire process we heard back from the seller yesterday morning. He wants $5,000 additional dollars on the downpayment.

We sent over a final contract for his signature yesterday with a deadline of 5pm today. At 4:57pm we received his verbal confirmation, however, his Realtor is out of town again and so he won't be able to officially sign until Tuesday.

No matter!  We are on to the good stuff now!

The seller has 30 days to have the land surveyed, and 60 days to run the percolation test and acquire a certification letter.  After those two steps are complete, we will have 30 days to get the land appraised.

Assuming everything checks out, our official closing date is set for November 25th, 2013.