Have you ever missed a deadline? Ever had to ask a teacher for extra time to
finish an important assignment because youre appendix ruptured and you missed
class due to emergency surgery? Ever had
to ask your boss for extra time because one of your critical vendors cargo ships
sank during a hurricane and your order is now at the bottom of the Atlantic
Ocean? Ever heard your general
contractor say that your kitchen remodel is running behind because your cabinets
were on that ship that sank?
While the preceding scenarios may never have happened to you, you can certainly relate to the unexpected curve ball that has thrown you off track somewhere along your lifes journey. This is true for a real estate transaction as well. Just because the purchase contract you signed specifies a date for the close of escrow, that piece of paper cannot prevent the unexpected from throwing your close of escrow off track. So when the unexpected and unwelcomed happens and your close of escrow date slips, what do you do?
Quite simply, when something has set your close of escrow
past the contracted date, its best to rally as a team, and look for
cooperative ways to set a new close of escrow date, and mitigate any harm or
damage to any of the parties involved. Remember
buyers and sellers you are on the same page at this point! You both want to get this done, someone just
needs a little more time! Those cooperative
ways include but are not limited to the following.
Think the best and not the worst and look for ways to close escrow as soon as possible. Winner-winner chicken dinner.
I'm Leslie Eskildsen, Realtor.
Call me. Text me. 949-678-3373
Email me. Leslie@LeslieEskildsen.com
Helping you make the right move in Mission Viejo, Coto de Caza, Rancho Santa Margarita, Irvine, Laguna Niguel, Laguna Hills, San Juan Capistrano, San Clemente, Laguna Beach, Newport Beach, Dana Point, Corona Del Mar, and other Orange County communities.