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how long to close usually?
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JDubs
different, not less
Member since 7/09 13160 total posts
Name:
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how long to close usually?
we have been in contract on a house since march- we have been approved for a mortgage and our broker put in a 15 day lock in on a rate almost 3 weeks ago which is about to expire since we are hearing NOTHING from the other side... we call our lawyer practically every day who responds "Still nothing yet.." and its getting frustrating !! whats concerning me is we are getting married june 12th so i wanted to close before then, since we will be practically gone the entire rest of the month on our HM and the tax credit deadline to close is june 30th...
how long did it take you to close from contract? just want to get ideas if it normally takes a few months..
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Posted 5/12/10 9:43 AM  |
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alli3131
Peanut is here!!!!!!
Member since 5/09 18388 total posts
Name:
Allison
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Re: how long to close usually?
Once we got the clear from the bank we closed within a few days.
It was probably about 2 months from contract to closing.
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| Posted 5/12/10 9:45 AM |
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mikeandjess
LIF Adult
Member since 10/07 2278 total posts
Name:
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Re: how long to close usually?
It took us about a month from the time the contract was signed to the time of the closing but we had some deal with Chase where all our paperwork was processed last year so I think the closing moved faster than most.
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| Posted 5/12/10 9:50 AM |
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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: how long to close usually?
do you have the mortgage commiment?
I just got one today - on a 203B and we are looking to close next week
normally it takes 3 days from the comminment
I sold this house at the end of March- went into contract after easter
2 months is average in my experince
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| Posted 5/12/10 3:48 PM |
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JDubs
different, not less
Member since 7/09 13160 total posts
Name:
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Re: how long to close usually?
yes we have the commitment which was faxed from our broker to our lawyer a few days ago.. but no word 
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| Posted 5/12/10 4:53 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: how long to close usually?
Posted by jenbill61210
yes we have the commitment which was faxed from our broker to our lawyer a few days ago.. but no word
then you should be closed soon- I would have your lawyer pushed based on your wedding!
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| Posted 5/12/10 4:58 PM |
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