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  #1  
Old 04-03-2006, 10:29 PM
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indefinite closing date


What is the name of your state? California

Once in escrow, is there any limit to how long a seller can delay a closing date? The current situation involves a seller that will not set a closing date after escrow has been opened and all contingencies have been removed. What are the options for the buyer to insure a reasonable close of escrow?

Last edited by 757norcal; 04-03-2006 at 10:36 PM. Reason: typo
  #2  
Old 04-04-2006, 08:02 AM
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What are the options for the buyer to insure a reasonable close of escrow?

Have you no contract with the seller, does it not address a closing date because that is the place for a buyer to exercise their options.

Do you not have an agent who can press things along in a timely fashion? Or an Atty who is looking out for YOUR interests?

Why will the seller not set a closing date another buyer with more money? Looks like to me they would want to close and get their money unless they ahve changed their mind.
  #3  
Old 04-05-2006, 10:17 AM
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I agree with pojo2. The written contract provisions apply.
  #4  
Old 04-05-2006, 10:20 AM
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Quote:
Originally Posted by HomeGuru
I agree with pojo2. The written contract provisions apply.
I agree with HomeGuru who agreed with pojo2.

There has to be a closing date in the written agreement. Look it over closely.
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  #5  
Old 04-05-2006, 10:42 AM
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Quote:
Originally Posted by seniorjudge
I agree with HomeGuru who agreed with pojo2.

There has to be a closing date in the written agreement. Look it over closely.
**A: well actually, there is no law that requires a closing date to be stated in the contract.
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