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To the Closing Table: The Processing Phase

Unfortunately, real estate transactions fail too often in the period between signing of the contract and the closing. This is because along the way there are many pitfalls that must be avoided such as attorney objections, inspections, mortgage commitments, to name a few. When this happens plans are terminated often with costly delays and the process must start all over again.

Pitfalls

At Real Estate New York we have NEVER lost a deal in the processing phase. What we sell stays sold because every possible loop hole and loose end is tied up before it can become a problem from the initial buyer qualification to in-depth knowledge of structural issues that sink deals, to financial and legal idiosyncracies that delay closings.