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closing issue

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LynnGibb

Junior Member
What is the name of your state? Washington
I was suppose to sign papers last week on the closing of my condo that I purchased. The papers have been delayed because the buyer does not have enough equity to cover their portion of the closing costs. What now?
 


HomeGuru

Senior Member
LynnGibb said:
What is the name of your state? Washington
I was suppose to sign papers last week on the closing of my condo that I purchased. The papers have been delayed because the buyer does not have enough equity to cover their portion of the closing costs. What now?

**A: why would the Buyer need equity? Does not the Buyer need CASH?
 

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