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Thread: force us to close early?

  1. #1
    Join Date
    Apr 2005
    Location
    Montana
    Posts
    9

    Default force us to close early?

    We are in the process of selling a condo in LA and buying a home in Montana. We have dual representation and our realtor is really awesome but she is also pushing us to close quickly. Our condo should close almost the same time as our house and we'd like to wait. Can she require that we close early because the sellers are really anxious?
    Kari Andersen

    Don't let the smell of the owner's dog or stinky socks keep you from making the sale.

    Hmmm...this house smells like Hot Apple Pie!!

  2. #2
    Join Date
    Jan 2005
    Location
    Orland Park/Homer Glen
    Posts
    3,345

    Default Re: force us to close early?

    In my area (Illinois), setting the closing date is really between the buyer & their attorney (& mortgage company), not the agent or the sellers. IOW, let your attorney know that you're not ready to close until the time you feel most comfortable with, as long as it's within the contract date that was agreed to.
    Money Magazine says that Orland Park real estate is one of the best places to live in the U.S. Check out Homer Glen homes if you're interested in living in the newest Chicago suburb. Next door, Lemont homes are the priciest in the southwest suburbs and have held their value, even appreciating while prices in other areas have gone down.

  3. #3
    Join Date
    Dec 2004
    Posts
    1,740

    Default Re: force us to close early?

    If you had a date on the contract then you should be able to wait until then. If the agent starts pushing to hard remind them that they work for you also and it isn't in your best interest to close early.

    If the sellers needs you to close early and it works for you, see if they will give you some money...at least equal to your extra mortgage costs.
    __________________
    Chicago Homes - Relocation Agents - Streamwood Homes

  4. #4
    Join Date
    Apr 2005
    Location
    Montana
    Posts
    9

    Default Re: force us to close early?

    Thank you both for your input. It's nice to hear professional objective advice because sometimes the only voice you hear is the one that wants its own way and you start to think that's your only option.
    Kari Andersen

    Don't let the smell of the owner's dog or stinky socks keep you from making the sale.

    Hmmm...this house smells like Hot Apple Pie!!

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