Finding the best, most convenient time to close on your commercial property can be tough. Many people we work with just assume that their closing has to occur at the end of the month. But that’s not always true. Real estate closings often happen in the early or middle stages of a given month. So how do you pick the best time for your closing? In this article, we are going to offer up some tips and considerations for finding the best time to close on your commercial property.
If Possible, Close Earlier in the Month
Due to a variety of factors, it’s not always possible to close on your property early in the month. But if you have the option and it’s convenient for you to do so, set up your closing earlier in the month. Why? Because you’ll likely get better service. Since most closings are set up for the end of the month, title companies and closing agents are most busy at the end of the month. That means they have less time for each transaction and each client. If you schedule your closing for earlier in the month, you’re quite likely to get better service and better response times from the people working on your transaction.
On top of that, there are a variety of factors that are out of your control that can potentially derail your transaction. If you give yourself extra time, you will better be able to deal with these issues as they arise.
Start Your Real Estate Transaction
If you’re searching for a commercial title company to facilitate your upcoming transaction, look no further than Commercial Partners Title. We have been providing title insurance solutions to clients for decades and will put that knowledge and expertise to work on your transaction. Contact us today for help getting started with your transaction. Our main office is located in Minneapolis, but we work with clients throughout the state of Minnesota, and the country.