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Updated over 4 years ago,

User Stats

35
Posts
4
Votes
Anthony Caiafa
4
Votes |
35
Posts

Delaying closing due to corona - thoughts?

Anthony Caiafa
Posted

My closing on a flip house is being delayed due to "corona virus". The buyer is telling me its been difficult working from home so its going to delay the closing on his side. This seems like a bit of a BS thing and MY attorney is also telling me that "sure its difficult to work from home so it is OK to delay". Here is my main issue with this - I have carry and holding costs - does it make sense that everyone else gets their full amount, attorney fees / realtor fees - but I have to take a larger loss because of corona? It seems very single sided. That's money tied up somewhere that could be used in something else. Thoughts?

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