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View Poll Results: We have a buyer, our new home construction will begin in late July, when should the closing date be
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Old 04-11-2015, 08:41 PM
 
1 posts, read 751 times
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My husband and I had two separate buyers for our home. The buyers were told the minimum we would take and the required conditions. The one buyer wanted to pay in cash but close in 5 weeks. Our new home construction has not even begun so moving everything out in that time plus finding a place to live would be challenging. The other buyer, whose home is not even listed, wants to wait and close in 5 months. Our banker said we should close before construction begins (which will be end of July) so we don't have two loans but our buyer, who is a doctor and has been consulting with his realtor "friend" says he prefers to keep the closing date later so he's not paying for two mortgages. Oh...and he can't stop talking about how much money he makes, how much he has in retirement, that he'll have to liquidate and move money from here to there, and by the way "I graduated from Harvard." He reminds us of this continuously. I don't want to be taken advantage of, which I feel is happening whenever we discuss moving the closing date up. We have not signed the offer to purchase yet...What should we do? Part of me wants to keep our house and postpone bldg.
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Old 04-13-2015, 04:33 PM
 
6,005 posts, read 4,768,263 times
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Hello! You've posted this in the Wisconsin forum, which might have been unintentional, I'm thinking. You may have better luck if you posted it elsewhere. Good luck with your closing.
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Old 04-13-2015, 05:25 PM
 
2,542 posts, read 6,900,871 times
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I have no realty experience, but from a layman's point of view, take the money and run. Finding a place to live for a couple months is nothing to having your buyer fall through and trying to pay two mortgages for who knows how long. Someone who has to boast continuously to strangers is no one I would trust.
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