Why would you drag out a closing of a property?
Always, always close as soon as possible. Help your buyer/seller get their ducks in a row.
After all, there's a Mack Truck following all of us and an unsold home is not always welcomed by our "heirs and assigns".
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Why would you drag out a closing of a property? Let's say, when the buyer made the offer and needed to get a loan, the lender suggested 45 days to closing, just in case. But what if everything goes along swimmingly, and you can close a couple of weeks early? Wouldn't you want to?
1. If you are the buyer, and the loan has come through, you would want to close as soon as possible.
2. If you are the seller, you certainly want your money as soon as possible, wouldn't you?
Here are some compelling reasons why you WOULD drag it out:
1. You are trying to move out of one house straight into another.
2. You have paid the rent for another month.
3. You are doing a 1031 exchange.
4. You have a tenant who won't move early.
5. For tax purposes.For example, it's the end of the year and it makes a difference if you close in THIS year or NEXT year.
OTHER THAN THOSE, WHY WOULD YOU NOT CLOSE EARLY?
If you are my client, I don't drag out a closing unless you tell me to. I see absolutely no reason to dilly dally. Why? Because things change. One or the other principals can get cold feet, or the fates step in with something more drastic. Finances can change, health certainly can change, or accidents happen. Something to think about. If your escrow was canceled for any reason, you would have to start from scratch, and that can hit you in the pocketbook.
Let me be your California real estate broker for oceanfront and oceanview property in Carmel-by-the-Sea, Pebble Beach, Pacific Grove, Carmel Valley and Big Sur.
Let's meet at beautiful Carmel Beach, in my Carmel-by-the-Sea office on Dolores between 5th & 6th, or in any of the wonderful restaurants, coffee bars, or wine tasting rooms that this city-in-the-forest is known for.
Listing your property? Call me first and let's establish its value and what it will take to get it ready for sale to get the highest sales price.
Buying a home? If you are from out of the area, I will preview property on your behalf. Please call me to discuss how I can help you attain your real estate needs.
As an independent real estate broker licensed in California and Hawaii, I can assist you with residential real estate, commercial properties, investment opportunities, and have knowledge of "pocket listings."
For more information www.HellaRothwell.com
Member: National Association of REALTORS, California Association of REALTORS, Hawaii Association of REALTORS, Del Norte Association of REALTORS, Honolulu Board of REALTORS,
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Hella Mitschke Rothwell (R)
Real Estate Broker/Owner/Realtor®
Licensed in California #01772851 & Hawaii #RB-21268Tel. 831-626-4000
Fax 1-877-822-9332
CALIFORNIA OFFICE: Su Vecino Court, Lincoln & Dolores between 5th & 6th, Carmel-by-the-Sea, CA 93921
MAILING: P.O. Box 4554, Carmel-by-the-Sea, CA 93921
Email: HellaRothwell@gmail.com
Disclaimer: Hella Rothwell does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
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