When I help my seller schedule a back to back closing - normally they have a house to sell and a house to buy and scheduled both closing at the same day . They need the money from selling their house so they can close their Home purchase at the same day. The advantages having a back to back closing is to avoid the seller to move 2 times.
In general, I will co-ordinate with the closing attorney and let them know this is a back to back closing and the closing attorney who handle your home Sales will schedule the closing in the morning. Then, the closing attorney handle your home purchase will schedule around noon to make sure you closed on your Home Sales first. So, once you got the fund from the Sales, the first closing attorney will wire the fund to the other closing attorney or just meet at the court house to give him the Sales proceed check.
Please email me if you have any question about back to back closing or other real estate related question.
Hannah Chan, GRI
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Website: http://www.caryraleighrealty.com
Blog: http://raleighcaryapexmorrisvillerealestate.blogspot.com/
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