Home Buying in Galesville>Question Details

Cubsjinx, Home Buyer in Whitehall, WI

one of the amendments to my offer won't be finshied by the closing date. what are the ramifications of delaying the closing date? any other options?

Asked by Cubsjinx, Whitehall, WI Sun Jun 22, 2014

the closing date is the near future

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Cubsjinx,
First, if you do delay closing you need to get everything in writing signed by you and the sellers.
One major ramification will be your loan rate lock. If the lock expires or you need to extend that, it will come at an expense.
I encourage you to discuss this with your agent as they have more facts that we do. Ask them and discuss the pros and cons of closing on time with work still promised or asking for an extension.
1 vote Thank Flag Link Sun Jun 22, 2014
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