[Maker]

I recall something about 1.5% of selling price is held back for a period of time where buyer can submit a claim for correcting an issue that should not have been present at closing. I did not need that, so my memory is not too clear about it. Worth asking. You could fix a bunch of stuff that was not right using seller's money.

[retiredguy123]

Originally Posted by Maker

I recall something about 1.5% of selling price is held back for a period of time where buyer can submit a claim for correcting an issue that should not have been present at closing. I did not need that, so my memory is not too clear about it. Worth asking. You could fix a bunch of stuff that was not right using seller's money.

Not true. There is no money held back, unless it is a private agreement between the buyer and seller. And, I am sure that the broker would never allow any of their commission to be held back.

[Kelevision]

All I’m going to add to this post is….. EVERYTHING in central FL was closed on nov 10th. No mail delivery, disney and all the parks were shut down, etc. I’m surprised anyone went through with the closing at all?

[retiredguy123]

Originally Posted by Kelevision

All I’m going to add to this post is….. EVERYTHING in central FL was closed on nov 10th. No mail delivery, disney and all the parks were shut down, etc. I’m surprised anyone went through with the closing at all?

Maybe because it was Thursday, and Friday was a holiday. They didn't want to wait until Monday to get the money.