As is the case with most things in the realm of commercial real estate, when it comes to closing on your commercial property, timing is essential. Even so, choosing a closing time and date is not necessarily at the top of mind for many during the commercial real estate closing process. In this article, we’re going to talk about how to choose the best date and time to close on your commercial property.
How to Choose the Best Closing Date & Time
Commercial real estate closings typically happen at the end of the month. Many people assume that this is automatically when their closing will occur. But the fact is, you have some control over when your closing happens. While some factors can narrow your closing window, you can theoretically close on your commercial property whenever you want – not necessarily at the end of the month.
In fact, it may be beneficial to schedule your closing earlier in the month. The end of the month is always a crazy time for a commercial title company, as everyone is rushing to meet deadlines and complete transactions. Scheduling your closing earlier in the month will likely result in a more relaxed and pleasant process. It can also help you avoid issues that could delay your closing like fires, natural disasters, deaths, etc.
Experts in Commercial Real Estate Transactions
At Commercial Partners Title Company, we are considered experts in commercial real estate transactions. Over the past several decades we have built our business on excellent customer service and long-lasting relationships. Our team of escrow agents, title closers, and underwriters is ready and waiting to help you through the details of your next commercial title transaction. Contact us today to learn more about the full range of our service offerings and see how we can help you through the details of your next transaction.