It is absolutely essential that
you include a closing date as part of your
offer. This way both
you and the seller can make plans for
moving, and the seller can
make plans for buying his or her next home. Though most transactions
actually do close on the right date, do not be so inflexible that
a delay creates insurmountable problems.
For example, if you are renting and need to give the landlord notice
that you are moving out, you may want to allow a little flexibility.
Otherwise, if your purchase closes a few days late you could find
yourself staying in a motel with your belongings packed in a moving
van somewhere while you pay storage costs.
There are also times when closing can be delayed by weeks, through
no fault of your own. Have back-up plans prepared for such a contingency. |
Home -
Up - Your
Best Investment - Buying an
Automobile - Changing Jobs -
The Closing Date
Earnest Money Deposit -
Home Buyer Tips -
Home Inspection -
Market Condition
Moving Money Around -
Your Offering Price -
Property Condition -
Seller Disclosures & Disclaimers
Settlement Service Providers -
Income Tax Savings -
Writing Offers
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