You’ve entered into a contract to purchase a new house, and the closing is scheduled for next week. 1 answer below »

You’ve entered into a contract to purchase a new house, and the closing is scheduled for next week. It’s typical for some last-minute bargaining to occur at the closing table, where sellers often try to sweeten their deal. You have three options for the closing: (1) attend yourself, (2) send an attorney authorized to close only per the previously negotiated terms, or (3) presign all the closing documents per the current terms and do not attend the closing. Which of these would be most advantageous from a bargaining position?

 

 

 

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