Consider the following hypothetical: you have entered into a contract to purchas

Question

Consider the following hypothetical: you have entered into a contract to purchase a new home 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 the deal. You have three options for the closing: 1. attend yourself; 2. send an attorney authorized to close only per the previously negotiated terms; 3 pre-sign all the closing documents per teh current terms and do not attend the closing. Evaluate the strength of your brgaining position for each option. Which of these would be the most advantageous?

Explanation / Answer

At a closing there should be no negotiation of the terms and conditions - this would have been completed in advance of the closing so all the paperwork could be completed

So the answer is none of the above

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