Mustafa: That's a question you really should run by your own Realtor and the title company that you have hired - there is usually an attorney that will help you with legal questions at the title company. However, the decision is ultimately yours. Is this a short sale? If you have waited this long, isn't it worth it to wait a little longer? Sometimes yes, sometimes no, it really is your call. However, most contracts stipulate a per diem fee but it doesn't come into play if the delay is due to reasons beyond your own control, as is the case in this situation.

I would find out the reason for the extension and try and get an idea of the new closing date.

Either way, I wish you the best of luck.

Best regards,

Angela
Villa G Realty, Inc.
Tel: 954-816-7996