Home Buying in 46375>Question Details

Matthew Clem…, Home Buyer in 46375

closing date

Asked by Matthew Clemens, 46375 Wed Mar 25, 2009

if i were to have an offer accepted for a reo property can i request that the closing be in august when my lease is up?

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Answers

3
If the seller dosn't have another offer come in by August. But not on bank owned properties.
0 votes Thank Flag Link Wed Mar 25, 2009
It's highly doubtful.......selling the home as soon as possible will allow them to minimize their losses and move on.

Taking an initiative of extending the closing date will only serve to potentially deminish your chances of getting the property.
0 votes Thank Flag Link Wed Mar 25, 2009
Lenders who own properties do not want to have to carry properties financially any longer than they have do.
Each month they continue to own a property, they lose money carrying and maintaining the property. So your chances of having a lender accept an offer with that long of a closing date are slim to none.
0 votes Thank Flag Link Wed Mar 25, 2009
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