The Top 10 Largest European Cities. Although the three largest cities of the world all are Asian cities, there are quite a few metropoles on the European continent as well. Two of these cities even have more than ten million inhabitants, ranking these cities amongst the largest cities in the world as well. 1. Istanbul (Turkey) â 11,4 million inhabitants.
A flat fee also could be assessed. Real estate purchase agreements contain time is of the essence language to hold firm closing dates regardless of any reasons brought up by the buyer or seller to change that date. If either party exceeds the time is of the essence closing date, the sale could be canceled.
A low appraisal means that the buyer must increase the downpayment amount unless the seller agrees to reduce the purchase price. Both may require an extension of the closing date to allow time to resolve the issue. The buyer must notify the seller of these issues. Any extension must be agreed upon by both parties.