We live in Northern VA and want to purchase a particular FSBO house in
NW OH. We want to delay our closing and move in 6 mos - 1 yr, and the
seller is amenable to this. Is anyone in this group familiar with
precedent for such an agreement? I realize the obvious disadvantage of
rising interest rates, but what other cautions might we watch for? The
two parties have discussed the matter in only the most general of
terms, referring to "earnest money" ($5K, 10K?). Any help.