Real Estate real estate closing gifts Timing
Real Estate real estate closing gifts Timing
Q: What if I cant close by the time stated on the contract?
A: If your purchase contract states that time is of the essence as to the date and you fail to close on that date (regardless of the reason), you will probably be considered in breach of the contract. Consequently, if your lender fails to provide the real estate closing gifts package in time for , you may unintentionally lose your chance to purchase the property. Likewise, if the seller cannot complete a major required repair prior to the stated real estate closing gifts date, the seller may lose the sale.
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