Tag Archives: settlement

Don’t Go to Closing Alone: Why You Need an Attorney for Your FSBO Home

don't go to closing along - why you need an attorney by your side when you close your for sale by owner home

In our past few blogs we’ve been walking you through the For Sale By Owner (“FSBO”) process so you can know what...

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Virginia Homeowners Benefit from State and Federal Mortgage Foreclosure Settlement

Virginia Attorney General Ken Cuccinelli agreed to the $25 billion joint federal-state settlement for victims of foreclosure abuses and fraud.

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Am I Required to Close by the Settlement Date in a Real Estate Contract?

Maybe – it depends upon the precise language of the contract. Most standard real estate contracts contain the following provision: “Settlement to be on or before ______________ (‘Settlement Date’).” So the question becomes whether this requires settlement on or before the settlement date. Or, stated differently: “Am I in breach of the contract if I do not close by the settlement date?”

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