When closing a home becomes a fight to the finish

By Amy Gamerman | Wall Street Journal

Q: Have you ever had to referee a tug of war between buyer and seller?

Jonathan Schulz

Real-estate agent, The Corcoran Group in New York City

It was the worst closing I’ve ever been involved in. My clients were a couple with a child who needed more space, so they were moving out of their lofted studio apartment. The buyer was a single woman who was an attorney. Sometimes attorneys get into the nitty-gritty more than other people.

The contract had standard language about items to be left behind and one was “mirrors.” It’s boilerplate stuff, it refers to things like bathroom mirrors that are bolted to the wall. The sellers had mirrors in the bathroom and they also had two very large decorative mirrors leaning against the wall, and a sit-down vanity which had a mirror attached—an inexpensive thing, like from Ikea.

READ ON:

Share this!

Additional Articles

New home sales post solid gain in March

By NAHB Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

November 2020
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30