Back to Back Closings can be Dangerous for Your Health

December 12, 2009 by  
Filed under Real Estate

by Laura Days, Esq.

laura_thumb[1]Back to back closings for buyers and sellers have great appeal.  You can sell your house in the morning, and buy the new one in the afternoon.  However, back to back closings are extremely stressful (for buyers, sellers, and their attorneys) and sometimes do not work as planned.   What happens if there is a delay in getting the funds wired from the bank?  What happens if the seller has not fully moved out?  How can last-minute title issues throw a wrench in the process?  What if you are the second back to back in a series of three transactions and the first one is late?

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