Otherwise, recommend that the buyer's apply for a bridge loan to help during the interim. Buyer requests an extended closing date. Determine if the extended date has anything to do with problems securing financing. If this is not the case, you may elect to delay settlement and negotiate terms more favorable to the buyer. We strongly recommend that you hire a real estate attorney to handle this contingency.
Buyer requests a faster closing date.
In most cases, it is to your advantage to close quickly. However, if this is not the case, try and settle on a timeframe that presents a reasonable compromise. The buyer may elect to withdraw an offer right up until the time it is accepted, or in some cases, if they have not been notified of acceptance. If you have any complaints regarding a buyer revoking an offer, consult an attorney to determine if you have a legitimate claim as a result of their actions.