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Seeking advice: in a tough spot and seller is unwilling to negotiate

I am in the process of closing on a condo but decided to switch lenders halfway through the process (yes I realize this was dumb) due to getting a MUCH better estimate. Like $13k in my pocket better. So my realtor and I asked the seller for a 21 day extension in order to close the new loan. They denied. We countered by offering to waive the $3800 in seller credit. They denied again and appear unwilling to budge.

Here's the rub, the condo is in pre-foreclosure and seller likely needs the $$ ASAP, which is why they're unwilling to budge on the closing date.

I really want this place but I'm willing to play hardball if need be. The way I see it, if I walk the seller will have to start from square one and end up waiting a lot longer than 21 days, which puts them in a much tougher spot.

The other issue is if the seller does agree to the extension, now I have to hope that the lender can close on time, which isn't a guarantee considering it's BoA.

My question is, would you play hardball and threaten to walk in hopes of getting an extension and closing on a loan that would save you $13k? The downside being it could all fall apart and I lose the property and my earnest money.

OR

Bite the bullet and take the worse deal with the current lender. The upside is I would close on time and keep the condo, just with much less $$ in my pocket afterwards.

submitted by /u/JohnnyQuicksand
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source https://www.reddit.com/r/RealEstate/comments/14k8j5c/seeking_advice_in_a_tough_spot_and_seller_is/
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