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QUICK POSSESSION PROBLEMS

Buying a new home can be one of the most fun and exciting times in your life, one thing that can sour the experience is trying to close and take possession too quickly.


Quick Possession Problems Blog Transcription

Hi there Rob Reynar here, checking in. I get a lot of questions about how fast can we close on a house. Even if it is vacant, how fast can we close on it and well, theoretically you can close under this fast as title can be transferred and no worse can do their thing but I will say that quick closings are not a good idea. You need to leave the lawyer's time to work stuff out. There are always those hidden little gems on the background that nobody knows about say non complain issues on the survey that can really throw a wrench in the things. It can become aggravating and it can become costly for either side whether it is the seller or the buyer. So, quick closings are not preferable. I know you're excited to get in to the new house but give yourself at least 30 days for a lawyer to do what they going to do to make sure that the transaction goes smoothly not just waving your conditions but getting into the house on the appropriate time and the way the contract was written up. Quick closings can be bad if things don't go smoothly. Love to hear your comments on this. Rob@MorrisReynar.com. R-E-Y-N-A-R Rob@MorrisReynar.com. Talk to you later. Buh Bye!

 

Transcription of the latest Video Blog from MorrisReynar.com. If for any reason there is a discrepancy between this text and the Video Blog, the Blog is deemed accurate.