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Help my closing was pushed back a week. Will the seller be able to close on their new house before?

We are going USDA and the Ohio office is now 2 weeks insted of 3 days.  Freaking out that it is going to push the sellers back on closing on their new house.
  • July 15 2011 - Delta
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Answers (3)

Best Answer

If the sellers are dependent on the proceeds of this sale, their new purchase transaction will also be delayed.

Best wishes, Rudi
  • July 15 2011
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If the Sellers are using the proceeds of the house you are buying from them to put towards their new home, then Yes, it will affect their closing date. When one transaction is dependent upon another, the agents from both transactions work closely with the lenders and title companies to coordinate the transactions so that everyone can close and move in a well-planned manner. Hopefully, your agent has connected you with local lenders and title company so that your move will go smoothly.
  • July 16 2011
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Profile picture for wetdawgs
It will most likely affect the seller's in their new purchase.
  • July 15 2011
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