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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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August 14, 2008

The Real Estate Adviser: Hold off on vacation until your deal closes

By Tom Kelly
Special to the Journal

A few weeks ago, we discussed the case of a veteran Realtor who canceled a much-awaited kayak trip because an out-of-state buyer was arriving with a reported all-cash offer for one of her listings. Since such buyers were scarce, she wanted to be sure she was in town to personally handle the transaction.

Buyers, sellers and refinancers also should plan to be around to handle their real estate deals. Are you about to go on a late-summer vacation before the kids roll back to school in the fall? If so, be sure you give the same thought to pending escrow and real-estate closing arrangements that you give to arrangements for the family dog, mail and newspapers — especially if you are heading out-of-fax range.


 
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