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MrsFuller
LIF Infant
Member since 5/11 103 total posts
Name:
Mrs.Fuller
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Date Changed
My husband and I were supposed to close on the 23rd of this month and now the date has changed to 1st week or 2nd week of July, we don't even have an specific date yet, not to mention our lawyer is going on vacation the last two weeks of July and won't be back till July 26th.
We don't want to wait that long! any suggestions? anyone had a similar problem? 
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Posted 6/6/11 12:55 PM  |
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Jenhos
Maeve
Member since 6/05 3273 total posts
Name:
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Re: Date Changed
Why did the date change?
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| Posted 6/6/11 12:59 PM |
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MrsFuller
LIF Infant
Member since 5/11 103 total posts
Name:
Mrs.Fuller
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Re: Date Changed
Posted by Jenhos
Why did the date change?
Apparently they were waiting for us to signed the commitment letter which their lawyer didn't advice them it was signed on MAY 20th!!!!
They are moving to Alabama and they were waiting on this letter to go out there and start looking for rentals! Plus the owner of the house is a school teacher and she said she needs to wait till the last day of school to put in her retirement papers!!!!
If she knew this, then why sign the contract for June 23rd???
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| Posted 6/6/11 1:02 PM |
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Jenhos
Maeve
Member since 6/05 3273 total posts
Name:
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Re: Date Changed
That sounds weird. Could you ask to close and let them stay for a bit after closing. This way they can clear what they need to and you won't have to wait till the later date to close. Just have your lawyer wirte up all the details .
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| Posted 6/6/11 1:05 PM |
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Charly
LOVE!
Member since 5/05 12578 total posts
Name:
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Re: Date Changed
I believe in NY the contract date is an "on or before" date and they generally have 30 days +/- from the contract date.
Sorry I know it stinks. It happened to us on the last house purchase - they pushed it to the last day. We even lost our rate lock - we tried to get them to pay the penalities/fees to relock. I don't remember if they did or not. You really need to talk to your lawyer to see if I'm right on the 30 day rule to ensure it closes before he goes on vacation.
Good luck 
Message edited 6/6/2011 1:30:17 PM.
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| Posted 6/6/11 1:29 PM |
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MrsFuller
LIF Infant
Member since 5/11 103 total posts
Name:
Mrs.Fuller
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Re: Date Changed
Posted by Jenhos
That sounds weird. Could you ask to close and let them stay for a bit after closing. This way they can clear what they need to and you won't have to wait till the later date to close. Just have your lawyer wirte up all the details .
I was actually being nice enough to make this offer but the seller is so stuborn he decline. He said to me yesterday "once I close I don't want to be in this house, I want to hand over the keys and leave I don't want to stay" smdh 
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| Posted 6/6/11 2:02 PM |
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MrsFuller
LIF Infant
Member since 5/11 103 total posts
Name:
Mrs.Fuller
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Re: Date Changed
Posted by Charly
I believe in NY the contract date is an "on or before" date and they generally have 30 days +/- from the contract date.
Sorry I know it stinks. It happened to us on the last house purchase - they pushed it to the last day. We even lost our rate lock - we tried to get them to pay the penalities/fees to relock. I don't remember if they did or not. You really need to talk to your lawyer to see if I'm right on the 30 day rule to ensure it closes before he goes on vacation.
Good luck
Yes, you are totally right they legally have until July 23rd to close but our lawyer won't be in until the 26th, plus we might lose our rate too!
Our lawyer has already made them an offer for the first week of July to close, we are now just waiting to see what they have to say
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| Posted 6/6/11 2:04 PM |
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MockingJay
Ring out the old...
Member since 9/08 1312 total posts
Name:
Ring in the new!
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Re: Date Changed
Oh man that really stinks. Hopefully they agree to early July. I'm sure you guys are anxious just to get in there already!
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| Posted 6/6/11 4:09 PM |
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