Talk of The Villages Florida - View Single Post - Financing and Closing
Thread: Financing and Closing
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Old 04-16-2015, 09:58 AM
Jake82 Jake82 is offline
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Default Need Extra Days for Closing?
Just an FYI, if you concerned you can't close in 30 days you can "buy" extra days at the rate of $ 50.00 a day. Very reasonable if you think of daily interest costs to them. Takes the pressure off if you use your own financing or have any other reasons you may need more time and don't want to be under the gun to close in 30 days. Only caveat is you have to buy these days in advance at time of Contract. There are also limits on how many days you can buy, I believe it's capped at 60 extra days beyond the initial 30.