This question/scenario gets asked about once a week, but actual experiences with “going nuclear” are very very rare, no one really tries to force the issue. The overwhelming majority of people, when the seller refuses to sell at the 11th hour, move onto a different house, because they don’t think it would be worth the hassle.
One of my buddies on mortgage facebook, after TWO YEARS, just closed escrow, on more or less that exact scenario, with the going nuclear and all. It’s not my anecdote or experience, but because it’s so rare that anyone does it, thought I’d share!
Enjoy! https://imgur.com/a/IQ8YtEF
Also, incidentally, for buyers, this is why there’s no point in setting up utilities, putting in notice with your landlord, changing school districts, bla bla bla, until 1) the transaction is closed, 2) you have keys, and 3) physical possession of the home. Who knows what was going on with that seller, and who knows what is going on with YOUR seller. The list of things you cannot control is legion (it starts with the seller, but certainly does not end there), home sales are not business-to-consumer transactions where you can assume a degree of professionalism on the part of the entity you are buying goods/services from, they are consumer-to-consumer, and people are often (I believe this is the official clinical term) cray cray. At the end of the day, these common consumer-to-consumer real estate transactions have more in common with the dimly lit parking lot craigslist transaction, than they do with walking into Target to buy a Halloween costume. Always remember that.
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