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JennyPenny
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Member since 1/08 12702 total posts
Name:
Jen
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Once you were in contract,
about how long did it take to close?
We should be in contract this week. Our lease is up the end of May, so I was wondering if the timing would be *just* right, or if i'll be paying extra rent, or if i'll be living with parents for a few weeks.
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Posted 3/14/11 1:48 PM  |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Once you were in contract,
30 to 45 days on average
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| Posted 3/14/11 1:57 PM |
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MarsB
LIF Adult
Member since 11/10 1456 total posts
Name:
Martha
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Re: Once you were in contract,
We closed within 6 weeks. We ended up paying a 1/2 month of rent for our apt., which was annoying, but mostly b/c we didn't want to have to move everything into storage, stay with my parents for 2 weeks and then move everything into the house.
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| Posted 3/14/11 1:58 PM |
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caps612
In love with my little guys!!
Member since 8/10 5108 total posts
Name:
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Re: Once you were in contract,
we signed our contract 9/15 and closed on 11/20 (back in 2008 though!)
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| Posted 3/14/11 2:04 PM |
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Re: Once you were in contract,
I'd say 6 to 8 weeks, on average. But it depends on your lender. I work with some who can close a deal within 30 days, but some banks are super slow at processing mortgage applications. Also, the process can obviously be delayed if unexpected things crop up - e.g., the sellers thought they had all of the needed COs, but then it turns out that's not the case, and your lender requires all COs to be obtained before closing.
Also, if you want to push it back a few weeks (to avoid closing before your lease is up), you could always see if the sellers are agreeable. Closing dates are negotiable.
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| Posted 3/14/11 2:51 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Once you were in contract,
contract Oct 23. Closed Dec 10.
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| Posted 3/14/11 2:56 PM |
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Serendipity
Summer!
Member since 4/07 7631 total posts
Name:
PrayingWishingHopingALOT
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Re: Once you were in contract,
Both times is was 5 weeks once contracts were signed.
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| Posted 3/14/11 2:59 PM |
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Ma-n-Pa2008
Mommy's Big Boy
Member since 3/09 2584 total posts
Name:
Melissa
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Re: Once you were in contract,
ours took 3 months from contract to closing, but we had to get a lot of bank paperwork together so that could have been why.
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| Posted 3/14/11 3:06 PM |
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allIwant
Love my crazy life!
Member since 1/10 9170 total posts
Name:
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Re: Once you were in contract,
we were in contract the first week in oct and closed 1/24...our bank was slow!!!
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| Posted 3/14/11 3:19 PM |
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TnDM10
LIF Adolescent
Member since 2/09 781 total posts
Name:
Teri
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Re: Once you were in contract,
Ours was about 6 weeks, we signed the contracts mid Oct and then closed in Nov, this was in 2008
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| Posted 3/14/11 3:46 PM |
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smooney
Hidey Ho!
Member since 2/10 1669 total posts
Name:
.
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Re: Once you were in contract,
we signed on 4/28 and closed on 6/15
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| Posted 3/14/11 4:00 PM |
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JennZ
MY LIFE!!
Member since 8/05 25463 total posts
Name:
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Re: Once you were in contract,
We closed within the month. Both the sellers and us were ready and had no reason to wait.
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| Posted 3/14/11 4:11 PM |
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JustJack
:)
Member since 2/06 2041 total posts
Name:
J
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Re: Once you were in contract,
10 weeks.
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| Posted 3/14/11 5:11 PM |
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CAMCaps
Live Laugh Love Run
Member since 6/07 4922 total posts
Name:
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Re: Once you were in contract,
We closed 30 days after contracts were signed.
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| Posted 3/14/11 7:50 PM |
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KennysMommy
Never knew LOVE like it before
Member since 3/10 2640 total posts
Name:
Danielle
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Re: Once you were in contract,
My mom works for an atty. She said they take 3-4 months on average because banks slow things down. We were in contract in January and closed in April.... First it was our bank that had issues with something (we bought an estate sale), then the town had issues with another thing involving COs/permits that didn't exist..... it was one hot mess!
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| Posted 3/14/11 8:41 PM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Once you were in contract,
60 days exactly...
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| Posted 3/14/11 11:59 PM |
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Shroggie
Don't Worry...Be Happy
Member since 5/06 6261 total posts
Name:
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Re: Once you were in contract,
Contracts were signed 60 days ago, and we should be closing within the next week or so.
We've been cleared to close for over a week, but we're waiting on a signes affidavit from a neighbor.
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| Posted 3/15/11 6:01 AM |
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Re: Once you were in contract,
About a month.
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| Posted 3/15/11 7:33 AM |
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Mill188
LIF Adult
Member since 3/09 3073 total posts
Name:
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Re: Once you were in contract,
5 weeks.
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| Posted 3/15/11 9:47 AM |
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