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Updated over 1 year ago on . Most recent reply

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Steven Johnson
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Buying & Selling Real Estate

Can I set closing date for 6 months out?

Steven Johnson
Posted

Hi! Is this possible? I found the perfect house where I will be relocating in June, but can't cover 2 mortgages. I could probably sell my current house within a couple days, but I don't want to move until I absolutely have to. Thanks!

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Stuart Udis
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Stuart Udis
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Stuart Udis
  • Attorney
  • Philadelphia
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Settlement periods are always negotiable. You tend to see shorter settlement periods in residential transactions and the longest in land transactions where entitlements contingencies are customarily found.  The particular circumstances will dictate what is appropriate and acceptable. 

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