I'm interested in a delayed closing contract towards the end of this year, but I was wondering how this works?
- I'm assuming only my deposit would be due now, and then the remainder would be due when we close?
- Does ROFR happen now, or at closing?
- I'm assuming I'm kind of locking in my price now, and whether prices rise or drop wouldn't really impact me?
- Do these delayed closing contracts tend to hold or fall through? Just worried that it's more time for things to fall apart.