Q: We are 2 days from closing on a house in CO. With COVID 19 pandemics affect on the country can we postpone the buy?
We are still interested in the house but are willing to cancel with a loss if need be.
A:
Can you postpone the closing without penalty? If you can get the Seller to agree to an extension, yes. However, if Seller will not agree then you can refuse to close and will likely suffer the loss of your earnest money and any other penalties which the contract contemplated.
You may want to contact an attorney for assistance this process and to advise you on any legal leverage that he may be able to create for you.
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