Anyone know NYS law about closing dates, time is of the esssence?

Elm
Elm
Home Buyer
Albany, NY

We were originally going to close on the 4th of December. When the interest rates dropped we went with another bank and this has pushed the closing to the 14th. The seller will not agree to give us an extension. People have told us there is a nys law, time is of the essence, that might give us the additional week. Any suggestions.

Tue Dec 2 2008, 14:03 - Home Buying in Leeds - No answers

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Gail Gladsto…, Real Estate Pro in 11743
Anyone know NYS law about closing dates, specifically time is of the essence?
Answered Tue Dec 2 2008, 14:07 by Gail Gladstone, CI… in Leeds
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