Wednesday, February 01, 2017 10:08:23 AM
During my years as a real estate agent, the biggest peeve we'd come across was the discovery of a sudden hold up in the process because someone missed something or just plain didn't do their job. But once in a great while it happens. Yes, and it can occur as late as at the closing table. There's no excuse for it, but occasionally people in the chain screw up, even in commercial real estate deals. And anyone connected to real estate sales (seller or buyer or agent) knows there are always too many hands in the pie.
I don't know what happened here, but it is possible that somebody goofed amid the escrow process. Greengro might have been able to bring a 'suit for performance' (merely conjecture here), but that would have only delayed the transaction and could have given Greengro bad ink. Better to just call it a misdeal, reshuffle the deck, and deal again elsewhere.
I've no inside info on this matter; just considering a possibility.
Loyal
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