Unfortunately there was a little setback with the sale of our condo. The buyers didn't get the financing they were originally hoping for, so they are applying for traditional financing. The problem with that is they will need their W2's from this year in order to qualify, meaning the closing date will be pushed back into January. We're not letting them off the hook for missing the deadline though, we will be asking them to raise the purchase price to cover the two mortgage payments we will now have to make, plus they have to release their Ernest money so that if they back out now that money goes to us. We also will be able to continue marketing the condo so that if we can get another offer for more money or an earlier closing date, then the first buyers will have the right to buy the condo if they can close within a few days, otherwise we can cancel the contract and accept the new offer. Hopefully everything will be done by the 15th of January otherwise we will have some issues when it comes to our finances, so keep us in your prayers if it's not too much to ask.
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