Remember to include the impact of the time spent waiting time to receive commissions (such
as escrow periods) compared to when you need to pay costs and expenses.
Not exact matches
However, it's still important to select a target time frame in the letter of intent and outline any known provisions, such
as: whether it will happen over time (a progressive close), whether there will be an
escrow period, or if everything is expected to happen on a single day (a sign and close).
The
period of time between the purchase agreement and the final settlement is known
as escrow.
I would ask the Seller to give them notice during your
escrow period, so that the clock has started
as early
as possible.
We can close
as fast
as 14 days at JVM Lending, and sellers often prefer a «fast close,» or short
escrow period, over a «slow close,» even if the slower close is associated with a higher price.