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Tina
Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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We are selling a home in California. We received 4 offers

Customer Question

We are selling a home in California. We received 4 offers and saw 3 of them in writing. Our agent verbally told us the 4th. We countered everyone the same amount and two of those people responded. The first response was from the offer we had not seen in writing, but our agent told us all the terms and deadlines were the same as the others. They put a time deadline for us to respond of 8:00 pm. As they appeared to be the best offer, we accepted their counter and signed the counter agreement but not until 8:02 (time stamped online by docusign). We have one backup offer as well. The next day our agent informed us that she had not seen the fact that they had originally requested a 45 day appraisal contingency and loan contingency instead of the standard 17 day. We never saw (or signed) that original contract. We did sing the subsequent counter offer, but as previously stated we signed it 2 minutes after the deadline, which supposedly made it null and void. The buyers will not reduce the contingency from 45 to 17 (or even 25) days. We would like to get out of that contract and sell the house to our back up offer. Is there a way to do that? Is the fact that the counter was signed 2 minutes after deadline a reason to make it null and void? They also missed a place they were supposed to initial. Any help is appreciated. One other fact is that we found out that they buyers agent let them in our home for an hour without any agent or representative with them. IS that any help?
thanks
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Loren replied 1 year ago.

Good afternoon. I am Loren, a licensed attorney and I look forward to assisting you.

Expert:  Loren replied 1 year ago.

Does the contract contain an attorney approval contingency?

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