My house went under contract at the first part of this month and I was scheduled to close on tomorrow morning. I kept calling my realtor to get the details of the closing. He finally tells me today that the seller is having credit issues and cannot close tomorrow, but will instead need an extension. I am in a dilemna because I cannot close on my new home until this one is sold. What must I do? Can I get out of my contract with my current realtor if this house does not close in a week due to the sellers credit issues?
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