hi,
my parents have just purchased a house and the possession date is july 25th.
Our lawyer said that the money needs to be handed in no later than the morning of the 25th.
My parents are going to wire the money (around 400k) from South Korea on the 19th, which gives them only about 4 business days. Does anyone know how long this kind of international wire transfer would take?
For that amount, is there any chance the fund would be held up in some place?
They feel urgent because the seller's lawyer said they might cancel the deal if the fund is not received by time.
Thanks for your help
2007-07-12
04:32:11
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4 answers
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asked by
HJamo0204
1
in
Business & Finance
➔ Other - Business & Finance
more details = the money is not going into an escrow account, but their own account.
We asked our lawyer to ask the other lawyer to extend the possession date by a few days but the lawyer on the other side rejected it, and said they might close the deal. I'm not feeling very good at them because we kindly moved the date forward last month when they asked us to.
I think if it's the 19th in korea, it's the 18th here.
2007-07-12
05:29:54 ·
update #1