Buyers are delaying closing by 3 days due to lender. 3 days is not bad but it’s annoying as an investor. Do you guys have an extra clause added to contracts for penalties for delayed closing? See attached photo. I realized what is on this photo is standard. I should have added something. I don’t think I can request for some sort of compensation now. It’s a burden to me in that, I need my funds for my other flips, I incur more interest on this hard money loan. 3 days is just annoying. *Florida

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I would speak to the attorney you hired for this transaction. If you didn’t hire one, I’d consider doing it for the next one.

While you get an Attorney for your transaction I’ll also recommend you work with us for a secured and accessible funding if you are still interested in obtaining a loan. Send a DM now

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