With sooo many closings and homes flying off the market creating the "Thinventory" we have talked about...it is more important than ever that agents, Buyers and Sellers pay attention to closing TIMES. In Wisconsin, we do things a little differently than other states. Sometimes, our Sellers pre-sign documents and we have their power of attorney to sign documents at closing. If we represent a Seller, who is going to use the proceeds from the sale of the home to fund the purchase of another home that some day, the timing of both closings is very important.
Often, Buyers and Sellers want to close at the beginning of the day or the end of the day so those are the times most coveted to schedule closings. Either the whole day or little of the day is taken off of work. Buyers get to choose the time and place...which is usually at the title company or the office of the lender.
Once a time is set...as far ahead of time as possible....everyone has a heads up...buyers, sellers, agents, title companies and lender.
If agents know that their client is involved in more than one transaction that day, every effort is made as early as possible to be sure that tiiming is considered. Dual career families have lots of obligations.
Forgetting this very important detail can mean many transactions do not close on time...nights spent in Hotels, moving vans sent loaded back to terminals...Lots of inconvenience.
Our advice is to schedule the closing right after the inspection contingency is satisfied with all parties in agreement.
If you or anyone you know is looking for agents in southeastern Wisconsin who work hard on every timely detail in a transaction, call the Hansons, we are honored to be of service for all things real estate.