Each must be clearly spelled out in the offer and adhered to-or the deal is off. The second is the requisition date-when any issues arising from the title search must be reported to the buyer's lawyer. Agreeing on it may be the hardest part of the negotiations. Whenever possible, avoid closing on Fridays, the end of the month, and before long weekends. Buyers who close then often face delays getting keys, and a higher moving bill.
Sellers discharging mortgages can face a financial drain, too.
Whenever possible, steer clear of rush hour in the registry office when choosing a closing date.