What is the name of your state? NY
I have a completed contract (signed by all parties) to buy a house. The contract was signed by all parties about 4 weeks ago. An earnest money deposit check was given to the seller's attorney at that time. The check remains un-deposited after 4 weeks. The closing is three weeks away. I am concerned that if the seller's attornet doesn't deposit the check soon, the funds won't be available for the closing. My attorney spoke to the seller's attorney who says he is going to deposit the check. What happens at closing if the funds haven't cleared the bank? Is that a problem for the closing?