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Closing/Contract question

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checka
She's here!

Member since 5/05

1769 total posts

Name:
Me

Closing/Contract question

After you get the inspection report, I know that you want to get the contracts signed ASAP so you don't lose the house. Once the contracts are signed is there a specific amount of time that you have to close in or is it just what you agree on and stipulate in the contract?

Posted 8/18/05 9:08 PM
 
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groovypeg
:)

Member since 5/05

2423 total posts

Name:

Re: Closing/Contract question

you have 30 days from the "on or about date" of closing to actually close. for example, our closing date is 8/15, but we wont close until 8/24 (we hope). so if you want to be in a house say by oct 30, put your closing date for 10/1. chances are you wont close on the actual date written in the contract.

Posted 8/18/05 9:23 PM
 

dengal
Dad of Twins

Member since 5/05

1385 total posts

Name:
The 80's Man
Let's Go Mets!

Re: Closing/Contract question

You usually are given 30 days to secure a mortgage, then the actual closing depends on what the two parties agree to - ASAP, 60 days, 4 months, etc.

Posted 8/19/05 10:43 AM
 

ckdk
My girls

Member since 5/05

7027 total posts

Name:
Cheryl

Re: Closing/Contract question

Posted by dengal

You usually are given 30 days to secure a mortgage, then the actual closing depends on what the two parties agree to - ASAP, 60 days, 4 months, etc.



I believe we had 45 days to secure a mortgage.

Posted 8/19/05 11:51 AM
 
 

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