Questions and Answers
Your Questions About Hud Apartments For Sale
Can you ask for a later closing date?
I am in the midst of trying to purchase a home. There is a program in my county that grants you funds to homes they own (kind of like a HUD program). I signed the sales agreement on the 28th of May and now that I am seeing the costs associated with moving into the house I think it would be in my best interest to move into the house closer to the end of the month. I live in a apartment and my lease is up on July 31st.
The broker I am working with who showed me the house seems to be in a rush to close and said we would close by July 11th, but like I said I am looking at my budget and I would be paying for 21 days prorated and my mortgage in September when the first payment is due.
Is there a way to get a later closing date? Its my first house so I’m clueless on what happens or if that messes up anything. I would rather pay 5-7 days prorated mortgage than pay 21 days.
Absolutely. Your broker just has to prepare an amendment to the purchase agreement. Don’t let his desire to get paid put stress on your financial situation. Good luck.
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