Are “Last Minute” Exchanges Possible?

[Joe Kahn]

I saw this on a 1031 exchange company's website

"At 1031 Exchange Place, many real estate investors contact our office just minutes before closing on their transaction and successfully convert a sale into a 1031 exchange. In most situations, a successful exchange can be accomplished as long as 1031 Exchange Place is contacted prior to closing."

Is this correct?

Thanks,