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  1. C

    How often have you had to ask for an extension to the finance date? (non-cash buyers)

    The settlement period is usually fine. It is when the buyer signs subject to a finance clause and keeps extending the finance date. Basically the purchaser has a get out of jail card for as long as they like because the contract is not unconditional.
  2. C

    How often have you had to ask for an extension to the finance date? (non-cash buyers)

    We had a buyer request 3 extensions and they were finally approved ten days before settlement on a 60 day contract. On the third request we asked for proof.
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