Closing Purchase

                                              Closing the Purchase

The seller may try to change the deal after you have agreed to terms but before the deal is legally binding. Don’t say yes or no. In many cases, the changes are small and inconsequential, and you don’t want to kill the deal because of stubbornness. You may also think of changes that you want.

When almost everything is done, sit down with the seller and work through all the last-minute changes in one meeting. At the end of the meeting, agree that this is the final agreement and incorporate the changes into the closing document. Don’t get hard-headed.

You may want to conduct a walk-through or inventory count before the closing. It is best to hold the closing at the place of business so that any last-minute concerns can be examined right then and there.

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