What happens if down payment does not clear prior to the agreed upon close date?

Divvy is unable to close without cleared payment

If down payment is not cleared to Divvy prior to close, Divvy will not move forward with purchasing the home. Divvy has the right to terminate on any property should down payment funds not be cleared to Divvy's account prior to close.

Please note that ACH payment can take up to 7 days to clear to Divvy's bank account. Payment must be initiated at least 7 days prior to closing if paid via ACH.