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In this video tutorial, Eric Hutchinson, principal broker and owner of Hutchinson Realty, discusses the closing date modification addendum as part of the "Negotiating Your Next Home" series. After negotiating with the seller and being under contract—likely after completing a home inspection—there may be a need to alter the closing date. This situation would require a mutually agreed-upon document to officially change the date. Eric emphasizes the importance of preparing both the buyer and seller early in the process to meet the originally planned closing date, underscoring the significance of sticking to that target if possible.