If for any reason you are unable to close by the expiration date of your sales contract, you will have to file an extension form and pay a fee for a 15 day extension of your sales contract. The fee for the extension is as follows:
Contract Sales Price Equal to or Less Than $25,000
Extension fee is $10 per day = $150.00
Contract Sales Price Between $25,001 to $50,000
Extension fee is $15 per day = $225.00
Contract Sales Price Over $50,000
Extension fee is $25 per day = $375.00