Maine Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Is two-week closing feasible?
We received a counteroffer from a REO seller saying that we "MUST agree to non-refundable EMD held by seller’s title and a 2 week closing. Do NOT accept in REOC, Only counter with the same terms."
Is it a two-week feasible in Maine? If yes, which title and closing company would you recommend?
P.S. The EMD is 10% of the purchase prices. Our offer has no contingencies but we do need title insurance.