Closing date is mid next week, and the seller has signed all necessary documents, making it impossible for her to withdraw from the deal. She’s now realized there’s a $7,500 holdback for the final inspection and a potential per diem charge of $1,000 per day if she doesn’t vacate on time. I included these terms to protect myself, anticipating potential delays due to her behavior. Now she’s threatening to cancel the transaction. Question: If I release my contingencies and issue a demand to close, and she still doesn’t move out, how challenging would it be to evict her in terms of time and cost? Location: A condo in Los Angeles.
Smart but don’t become stupid. Stick to your game plan! Do not remove anything. You can also threaten legal action if she cancels.
Blair said:
Smart but don’t become stupid. Stick to your game plan! Do not remove anything. You can also threaten legal action if she cancels.
Thanks for the advice! I’m definitely not planning to back down.
Question: If I release my contingencies. Why? If she’s not planning on scamming you by staying after the move-out date, then the contingencies are meaningless to her. The only reason she would want you to release them is because she’s planning on scamming you. This isn’t something you should even be considering.
@Darby
That makes a lot of sense. I’ll definitely think twice about that.
Release nothing and get the lawyer engaged.
Yan said:
Release nothing and get the lawyer engaged.
I’ll reach out to a lawyer ASAP. Thanks!
Speak to an attorney.
Let her threaten. Until there’s something in writing from her, I wouldn’t give her the satisfaction of considering compromise. It’s not your fault she didn’t see those terms; stick to your guns and protect yourself!