Hi all,
Wondering if you can help advise a first time buyer
We have gone sale agreed on a house and are awaiting the issue of the contracts. We only went sale agreed 2 weeks ago so Im not too worried about this yet.
My query is regarding the closing date and moving in. The vendors are a family who are upgrading and, as far as we have been told, are yet to find their new property. The auctioneer told us while we were in negotiations that if needs be the vendors were willing to rent if they hadnt found anything in time. However, we fear they might delay closing due to this and not stick to their word about renting if necessary.
Can anyone tell me if we have any pulling power over the closing date or is this something determined by the vendor and something we just have to accept?
As I say we are awaiting contracts so the closing date may be suitable but just trying to figure out where we stand if it does come back with an extended closing date that we are not happy with. We are renting at the min and are eager to get into the new house!
Thanks in advance
Wondering if you can help advise a first time buyer
We have gone sale agreed on a house and are awaiting the issue of the contracts. We only went sale agreed 2 weeks ago so Im not too worried about this yet.
My query is regarding the closing date and moving in. The vendors are a family who are upgrading and, as far as we have been told, are yet to find their new property. The auctioneer told us while we were in negotiations that if needs be the vendors were willing to rent if they hadnt found anything in time. However, we fear they might delay closing due to this and not stick to their word about renting if necessary.
Can anyone tell me if we have any pulling power over the closing date or is this something determined by the vendor and something we just have to accept?
As I say we are awaiting contracts so the closing date may be suitable but just trying to figure out where we stand if it does come back with an extended closing date that we are not happy with. We are renting at the min and are eager to get into the new house!
Thanks in advance