Our home is now under contract (I repeat, under contract) and with things going quite smoothly, no one is led to believe the sale will not happen.
Now we're also currently in attorney review with the home we agreed to purchase, where the initial contract clearly stated there was a home sale contingency, meaning we can successfully close after closing on our home. The close dates have been set for each home already, and there was never a mention about the contingency.
Yesterday, however, the seller's attorney shocks us in his return review letter with a paragraph suddenly stating that he basically would like the home sale contingency removed! Note he also sent this letter admittedly saying he had not yet reviewed it with the sellers, and he still needs their consent. For obvious reasons, our attorney said we could not accept that paragraph. Well, already almost 2 days later, and their attorney still says he hasn't spoken to his clients about this, so we still don't know where this stands!
Can someone tell me why a seller's attorney would pull this in this market, and have any of you ever lost a house over something like this?? I thought we were in a good position, being that our house is under contract, and with buyers who are renting (so they have no contingencies) ... guess not... I'm so upset and worried!