A friend of mine is having cold feet on her DVC. She would rather wait to make the final decision on buying..
She made a purchase agreement about 2 months ago, and passed ROFR, now her original financing feel through, and she wants to wait 30-90 days, or cancel to make sure this is right.
She put down 2K, (on a resale contract, through one of the big companies) and I cannot find in her contract a required closing date by. So I think, she is likely allowed to delay, but how long?
Is there any reason she has to close right away, if it isn't in her contract. Is it in the contract with Disney? If the seller decides to not wait for her, which is that she thinks might happen, would she still lose her deposit, if they are the ones officially pulling out.
Any incite would be wonderful thanks!
She made a purchase agreement about 2 months ago, and passed ROFR, now her original financing feel through, and she wants to wait 30-90 days, or cancel to make sure this is right.
She put down 2K, (on a resale contract, through one of the big companies) and I cannot find in her contract a required closing date by. So I think, she is likely allowed to delay, but how long?
Is there any reason she has to close right away, if it isn't in her contract. Is it in the contract with Disney? If the seller decides to not wait for her, which is that she thinks might happen, would she still lose her deposit, if they are the ones officially pulling out.
Any incite would be wonderful thanks!