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Closing in the Afternoon

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8ternity
<3

Member since 11/08

10586 total posts

Name:
Formally NYPD-Wife

Closing in the Afternoon

We are closing tomorrow at 3:00pm Chat Icon however when we did our final walk through today the seller said its not good to close at 3:00pm because its cutting it close with getting the money, if he doesn't get the $ tomorrow then he cant give us the title and keys...has anyone had any issues closing in the afternoon? he said he might get postponed and now I am getting worried. We are using Wells Fargo.

Thanks!

Posted 7/18/11 10:43 PM
 
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Charly
LOVE!

Member since 5/05

12578 total posts

Name:

Re: Closing in the Afternoon

funny thing is I tried to get a morning closing and they said the same thing. We are planning to close on our sale at 1 and then the purchase after that. So I'll be in the same time frame as you. I hope its not the case because I will be homeless with no stuff!

Good luckChat Icon

Posted 7/18/11 10:52 PM
 

8ternity
<3

Member since 11/08

10586 total posts

Name:
Formally NYPD-Wife

Re: Closing in the Afternoon

Posted by Charly

funny thing is I tried to get a morning closing and they said the same thing. We are planning to close on our sale at 1 and then the purchase after that. So I'll be in the same time frame as you. I hope its not the case because I will be homeless with no stuff!

Good luckChat Icon



Ugh how frustrating! Good Luck to you too!!
fingers crossed! Chat Icon Chat Icon

Message edited 7/18/2011 11:16:10 PM.

Posted 7/18/11 11:15 PM
 

bride07
Ava Rose you are an angel!!!

Member since 3/09

6115 total posts

Name:

Re: Closing in the Afternoon



Congratulations!!!!

When we closed we met at 1, and it took about 2hrs to sign everything. I'm not sure about getting everything at the bank.

Chat IconChat Icon Chat Icon Chat Icon

Goodluck!!

Posted 7/19/11 8:55 AM
 

maymama
my little loves

Member since 8/08

18453 total posts

Name:

Re: Closing in the Afternoon

we closed on our purchase last friday at 2pm. The seller didnt even show up until 230 and we were done by 3:10! We had no problems.

Posted 7/19/11 9:14 AM
 

Christine Braun - Signature Premier Properties
LIFamilies Business

Member since 2/11

3992 total posts

Name:

Re: Closing in the Afternoon

It shouldn't be a problem. Not sure why the seller is concerned, as the closing is scheduled by the attorneys, in coordination with the bank and the title company. The bank attorney is there to handle the money side of it, and if the bank attorney doesn't see a problem with the closing date and time, then it's not a problem. It's not as if the seller or buyer has any control over the physical disbursement of the checks.

I have never had an issue with afternoon closings -- they happen all the time. No matter what time of day it is, sometimes you have to wait for the money to arrive, which is a pain, but it eventually arrives.

Good luck!

Posted 7/19/11 10:12 AM
 

8ternity
<3

Member since 11/08

10586 total posts

Name:
Formally NYPD-Wife

Re: Closing in the Afternoon

Thanks everyone!!! Christine I thought the same thing, why schedule it at 3 is its going to be a problem.

Thanks!! Chat Icon

Posted 7/19/11 10:26 AM
 

smooney
Hidey Ho!

Member since 2/10

1669 total posts

Name:
.

Re: Closing in the Afternoon

ours was at 3 and it was absolutely no problem. good luck and congrats!!!! Chat Icon

Posted 7/19/11 3:31 PM
 

LMFitz
life is good

Member since 5/05

2013 total posts

Name:
L

Re: Closing in the Afternoon

I once closed at 4 and had no problems.

Posted 7/19/11 6:23 PM
 
 

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