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or buyers who are not comfortable allowing sellers to remain in the home after closing, this can be a great alter-
native. Extended closing is when the buyer and seller agree to a closing date that is pushed out later than usual allowing the seller extra time to purchase their next home. If that’s an important point for the seller, a little extra time may help a buyer stand out from the rest. The question of closing day can be a key factor in the sale. If this is important to the seller and they are unable to find another home by their new deadline date, then it may help your offer stand out from multiple offers or come across as more flexible than someone else they might have considered before you came along; if not needed at all during this time frame, it gives them some leeway when looking into potential homes right away instead of waiting until after moving day has passed. A seller could agree to a short extension without a penalty because of all the different parties involved in this process. (If there’s a cloud on the title, or a lender requires hazard insurance, for instance, a seller may not fault the buyer for this.)
Buy And Sell At The Same Time
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