"all contingency should be removed within 21 days" 意思是说你得在21天年办完 所有的事 (applying loan, inspection, etc. ),21 天后到closing date 这段时间 如你贷不下款来买方就default, 你的定金就要不回 ..... and seller could sue you for liquidated damages depending on the contract
【在 h****a 的大作中提到】 : 我的offer有一条说all contingency should be removed within 21 days. 如果到时 : 候我们没签正式的东西,会自动 remove 吗?
h*a
9 楼
不是说要签个啥form吗?如果我不签,就是没remove.seller有权void这个contract.当 然也可以sue me for liquidated damages。不过escrow应该会先把定金退给我吧如果 我贷款下不来
you
【在 b********t 的大作中提到】 : "all contingency should be removed within 21 days" 意思是说你得在21天年办完 : 所有的事 (applying loan, inspection, etc. ),21 天后到closing date 这段时间 : 如你贷不下款来买方就default, 你的定金就要不回 ..... and seller could sue you : for liquidated damages depending on the contract
【在 b********t 的大作中提到】 : "all contingency should be removed within 21 days" 意思是说你得在21天年办完 : 所有的事 (applying loan, inspection, etc. ),21 天后到closing date 这段时间 : 如你贷不下款来买方就default, 你的定金就要不回 ..... and seller could sue you : for liquidated damages depending on the contract
r*r
11 楼
DO NOT remove loan contingency until you have the loan commitment letter in hand, you also have to make sure the letter does not contain any unreasonable PTD & PTF condition.
【在 h****a 的大作中提到】 : 我的offer有一条说all contingency should be removed within 21 days. 如果到时 : 候我们没签正式的东西,会自动 remove 吗?
b*t
15 楼
Correct. If buyer defaults, seller has the rights to void contract and pursues liquidated damages - liquidated damages are no greater than 3% of the contract price though, in this case buyer's earnest money ( if your earnest money > 3% of the price, the difference will be refunded back to buyer) will be distributed to seller by escrow company.
【在 b********t 的大作中提到】 : Correct. If buyer defaults, seller has the rights to void contract and : pursues liquidated damages - liquidated damages are no greater than 3% of : the contract price though, in this case buyer's earnest money ( if your : earnest money > 3% of the price, the difference will be refunded back to : buyer) will be distributed to seller by escrow company.