Guest Rachel Report post Posted December 9, 2003 We are selling some land and I guess this sounds like a dumb question. Every time we have ever bought or sold any property, the seller received a check in full at the time of signing the closing papers. This lawyer and credit union (for the buyers) is telling us we will have to sign all the final papers and it will be about a week before we get the actual check. Is this normal? Share this post Link to post Share on other sites
MichaelC 160 Report post Posted December 9, 2003 Hi, Rachel. Yes, it is not unusual that the seller does not receive their money for several days to a week. The lenders/attorneys often wants to be certain that all the paperwork is in order, etc. It's nothing to be concerned about. Share this post Link to post Share on other sites
Guest Rachel Report post Posted December 9, 2003 Thank you, MichaelC, for taking the time to respond. I appreciate your input. Share this post Link to post Share on other sites
<Steve> 82 Report post Posted December 11, 2003 Hello Rachel- It is normal here in NC. The state past a law a couple of years ago, where the closing attorney has to record all the paper work down at the courthouse before distributing the funds. Usually takes a couple days. What are you planing to do after selling your land? If I might ask? Good Luck<Steve> Share this post Link to post Share on other sites
