Another Single Family House #1 update

May 17th, 2007 by Kenric

In my previous update posts, I wrote about how I gauge the progress on a sale.  Tuesday night at midnight was the passing of milestone #3.  The inspection period ended.  However, I still feel uneasy because the buyer never submitted to me any inspection results or requests.

  1. Contract is signed
  2. Earnest money received
  3. Inspection period complete
  4. Loan documents created
  5. Buying signing



In fact, the inspection occurred at 7pm on Tuesday, 5 hours before the inspection deadline.  I guess I should take it as a good sign that I haven’t heard a peep from the buyer.  The appraiser came through yesterday and today is the termite inspection.  So things seem to be moving along despite the non-communication.



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