It takes 45 days to 60 days to close on a house, making it unlikely a sale made today would be consummated by the end of November, said Lucien Salvant, spokesman for the National Association of Realtors.
Hey - the above quote was from the National Assocation of Realtors. Looks like people agree with what I've been saying for quite some time now. You shouldn't write an offer and expect to close in 2 weeks to a month. Give lenders 45-60 days. We'll close in 2 weeks if we can, but when you don't give us 45-60 days, don't complain about the last minute problems. There's just too many systems put in place by the government now to smoothly close in 30 days. That doesn't mean it can't be done, but MURPHY's LAW. It won't go smoothly if you give us 30 days, so if you give us 45-60, it will get a proved in 2 weeks. That's just how it always goes. If you want to have an option to close sooner, put vergiage in the offer: Will close sooner, if possible.
Call me for details, 608-498-1959 or 608-779-1519
Jolyn
Thursday, October 29, 2009
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