Posted by del-ohio on June 12, 2003 at 14:18:15:
Good advise from Nate.
We just purchased a bank forclosure(Bank One)it was listed with a realtor. Our bank was not ready to close when scheduled. We asked (nicely) for an extension, there was already a predetermined late closing penalty in the contract for $25.00 per day.
You should not have a problem getting an extension if you ask. In our case it cost us $175 for a week.