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The Seller can Cancel the real estate and sell to some one Else and put it back on the market or if the seller wants to wait then he/she can extend the closing date.
What else can I help you with?
Can a buyer of real estate property place a lien for repairs to property prior to the closing date?
No. The buyer has no authority to place a lien on the property and no cause of action for which to sue.
Which answer best describes an independent person who works for both the buyer and the seller between the date the purchase contract is signed and the date the closing takes place?
escrow officer, lender, real estate agent
Who best describes an independent person who works for both the buyer and the seller between the date the purchase contract is signed and the date the closing takes place?
escrow officer, lender, real estate agent
What happens in a real estate contigency if the buyer has not agreed in writing to a new closing date?
It is usually the buyer who holds the contingency (not to buy for some reason), so it would be up to the buyer and seller to agree on a closing date when all of the contingencies expire. Or they can agree to split the deposit and go their separate ways. The seller often keeps the entire deposit unless there is a cloud on title or other reason the property was not in condition to be sold.
How does the process of "for sale by owner" work for the buyer?
When a buyer purchases a property listed as "for sale by owner," they directly negotiate and deal with the property owner without involving a real estate agent. The buyer and seller work together to agree on the terms of the sale, including the price, closing date, and any other conditions. The buyer may still choose to hire a real estate attorney to help with the legal aspects of the transaction.
Is a verbal agreement pertaining to real estate binding until closing date?
No
What can you do if the seller of real estate does not close on the closing date?
You need to review your Purchase and Sale Agreement to see how and if that issue is addressed. You should ask the attorney who is representing you in your purchase what your options are.
What is the process for handling prepaid HOA fees at closing when purchasing a property?
Prepaid HOA fees at closing when purchasing a property are typically handled by the seller. The seller will provide the buyer with a statement showing the amount of prepaid HOA fees, which the buyer will then reimburse to the seller at closing. This ensures that the buyer takes over responsibility for the HOA fees from the date of closing onwards.
When will DisneyQuest close?
No specific date has been given, it's closing sometime in 2017.
What date did Henry close down the monasteries?
The exact date of the closing of the monasteries is unknown. Although, we do know that it was in 1534-1535.
When is the closing date of post ume form?
Futo will close her post utme form on 25th
When you sell your house do you have to leave right away?
You work out the 'closing date' with the buyer and the lawyers involved. Usually, you should be out by the time the sale actually takes effect. NO, BUT YOU NEED TO SPELL OUT IN YOUR BUY/SELL CONTRACT AN AGREEABLE ARRANGEMENT BETWEEN THE TWO PARTIES. EXAMPLE; CLOSING DATE = SEPT 5, 2007 & SELLERS HAS THE OPTION TO RENT THE PROPERTY FOR 27775/DAY FOR X# OF DAYS NOT TO EXCEED 45 DAYS FROM THE BUYER.
