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Old 2011-12-23, 08:26 PM
Rjones Rjones is offline
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Default New build closing

My new build house has been postponed twice, original closing date was november 30 than pushed to march 29th than pushed again to july 17th. Our builder has been very good with communication and has assured us that the third date of july was just a precaution and that the march 30th date is more realistic possibly late february. My question is do we have to close early?

When we got the first letter of postponement we didn't mind all that much as it left us time to save more money, and we also decided to get some things that we would be needing such as a second car. The thing is whenever we go to look at the progress of the house it seems to be moving along rather quickly which is good but we still need time to get more money together for closing costs and other things that pertain to a brand new home (window coverings, cutlery...).

We will be fine with a end of march closing but what if they finish sooner? Do we have to close when the builder wants us to or do the letters that they sent us with the new closing dates still stand?

Any advice would be greatly appreciated.
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Old 2011-12-24, 12:59 PM
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good2know good2know is offline
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they can offer you an earlier close but you are not obligated to take it

anything sooner must be agreeable to both parties
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Old 2011-12-24, 03:49 PM
hellokittygirl hellokittygirl is offline
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Agreed.

However, you could use this to your advantage and "negotiate" perhaps an upgrade or two (for the inconveniance of moving up the date). You're in the driver seat.

You will win either way. The worst they can say is "no" and you will still have the later of the two closing dates.
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Old 2011-12-24, 08:01 PM
Rjones Rjones is offline
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Thanks for the replies. Feeling a bit better knowing that i don't have to take an early close date.
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