When I am writing a contract for my buyers, I only schedule closings for Tuesday - Thursday. I avoid Mondays because it can be hard to find someone to answer a question that comes up over the weekend. And Fridays.... I never schedule a closing for Friday. That's because in Miami we rarely hand the buyers the keys until all the paperwork is signed, and the title company has funded the deal. (Including that the bank has signed off on the preliminary paperwork).
So if you close on a Friday, and the bank isn't able to review your paperwork by 4, you won't get your keys til Monday. And trust me, no one wants to stop a new homeowner from moving in for 3-4 days.
But if the paperwork has been signed, why don't we just hand over the keys? Because every once in a while, something goes wrong and the deal can't close. And if that happens, if the buyer has already moved in, it will get ugly. Sometimes seriously ugly.
Read this article from Denver, on what happened when one deal went awry... but warning, it is not a pretty tale. The buyers probably can be held responsible for the damage, but it's still going to be a long and ugly court case.
Trust eXp Realty and our team of real estate agents to help you find homes for sale or to sell your current home. We recognize the level of service that the mobile consumer demands. You have information. You have dreams. We possess experience, integrity, and innovation. Together we create leverage to make your dreams a reality.
Every homeowner thinks the property they're selling is special and sho
"Working with Prime Den has been an incredible experience. Roberto Balcker and Oded Nir really took the whole thing to a whole other level. We've been "burnt" by previous bad experiences with realtors, and I was very reluctant to put our house back on the market. Somehow, Roberto managed to convince me to give them a chance. I honestly wasn't expecting much. I was in for a big change of mind! What a fantastic team! Roberto and Oded immediately proved to be the most professional people I got to work with. They made everything simple and easy, and we've been absolutely amazed by their constant professionalism. Not only they are very caring people, but they are patient, courteous, helpful, reliable, always available and responsive. Thanks to them, a quite stressful process turned into a real breeze: They found us a buyer in no time, and took care of everything with relentless enthusiasm. We're incredibly grateful to them, and we're already looking forward to having them selling our second property! I highly recommend their services, and I know we'll never work with anybody else!! Cathy Bedart-Vachez."