Why Closing Dates Matter
For many sellers, especially those going through a life change like divorce, inheritance, or relocation, the closing date isn’t just a detail. It’s the deadline that everything else hinges on. So when a buyer keeps asking for more time, it can throw off your entire plan.
As Marck at Best Offer KC explains, this is often a sign that the buyer may not actually have the money to close or doesn’t have a solid end buyer lined up. If someone agrees to close on January 1st but suddenly wants to delay until February, that’s a signal to proceed with caution or walk away entirely.
What’s Really Happening Behind the Delay
Some cash buyers use “assignable contracts,” meaning they plan to sell your agreement to someone else instead of buying your home themselves. If they haven’t secured a new buyer by the original deadline, they may ask for more time. Others simply overpromise, then scramble behind the scenes to make the deal happen.
The risk is that you’re left hanging. Sometimes this happens after you’ve packed, given notice, or planned a move, and now there’s no guarantee the sale will actually happen.
How Delays Affect You
- You could face extra costs for rent, storage, or holding the mortgage longer than expected
- Your plans may get thrown off, especially if you’ve already made arrangements to move
- It can take an emotional toll, adding more stress during an already difficult season
What You Can Do About It
- Ask direct questions up front. Before signing anything, ask if the buyer is purchasing the home themselves or planning to assign the contract
- Set clear expectations. Be specific about your closing date and what happens if it’s not met
- Review your contract carefully. Make sure it includes protections for you if the buyer backs out or delays
- Don’t be afraid to walk away. If something doesn’t feel right, trust your gut. A buyer who’s serious will stick to what they promised
How to Spot a Reliable Cash Buyer
Not all cash buyers operate this way. There are professionals who follow through, communicate clearly, and respect your timeline. A reliable buyer will:
- Be upfront about how they’re buying the home
- Show proof of funds
- Avoid using “and/or assigns” unless it’s clearly discussed
- Stick to the agreed-upon closing date
- Offer support and flexibility if you need help with the move
You Have Options and We Can Help
If you’re in this situation now, or you want to avoid it altogether, reach out to Best Offer KC. We never ask for extensions unless you do. We’re clear about who’s buying your home and when it’s closing. And we’ll walk you through all your options so you can make the decision that works best for you.
