Quote:
Originally Posted by CowTimes
There has to be something else going on here. The buyer publicly disclosed at a planning board meeting that the contingency for the regulatory approvals was to have expired a month or two ago. Sellers will typically have expiration dates for the contingency so they are not beholden to the buyer if things, as here, get held up for whatever reason. I thought Camp Belknap would have been under contract already since they were supposedly ready and willing to offer a higher price once the current deal’s contingency period expired.
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The Owners Winchesters have extended the contract at least six times. They should have closed back last Summer. They could have had their money back then. The reason: They do not want to sell Farm Island to the Camp. Yes they did back in 2010 but not again.