“Last time I sold my home, I moved out the day we were supposed to close and got burned. The buyer had loan problems and the closing was delayed for 3 weeks. I got stuck making payments on an empty condo. Now I’m planning to sell my house and want to protect myself so it doesn’t happen again. What do you suggest?”
***ANSWER:
Two suggestions:
#1- I routinely advise my clients to try to get 72 hours in the home after closing for precisely the reason you stated. We’re successful about 9 out of 10 times.
#2- Use a skilled, experienced agent who’ll manage your sale closely. Rarely are sales suddenly delayed on the scheduled closing date without warning. Your agent should have warned you of a possible delay so you didn’t move out.
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