5 Things to do for a successful real estate closing

1. Do not close on a Friday. If mortgage money is late, the Vendor will not let you take ownership.

2. Do not close on a Friday of a long weekend. If mortgage money is late, you may not get ownership until Tuesday.

3. For the Vendor if payment is late you will have to pay a daily (per diem) rate to discharge your mortgage, until Tuesday after a long weekend.

4. Hire a lawyer as soon as possible -especially purchasers.

5. Expect the worst and hopefully it will not happen