

1,112,898
I find the lenders that brag that they can close in 30 days suspect. They almost always end up asking for extensions. Yes 60 days.
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Hella M. Rothwell, Bro...
Carmel by the Sea, CA
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JoAnn Moore
Georgetown, DE
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
773,486
Last year we were doing 60 days for financed purchases due to a serious appraisal problem with appraisers being backed up for weeks. With VA loans, we were backed up 3 to 4 months. However, that issue has been mitigated and we are even seeing 30 day escrows with loans.
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JoAnn Moore
Georgetown, DE
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
1,277,846
60 days is pretty standard.
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JoAnn Moore
Georgetown, DE
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
6,765,250
We can generally get a cash deal done in a week, and a financed deal in 30-40 days
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Bob Crane
Stevens Point, WI
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Michael Jacobs
Pasadena, CA
5,774,106
As you can see from comments by Jeff Dowler and Ryan Huggins - Thousand Oaks, CA in California 30 days works.
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Debe Maxwell, CRS
Charlotte, NC
1,546,084
Ouch! I found out from a friend of mine in Cornwall, England that 3 months is considered fast in her part of the country. Out here 30 is the norm, 45 is pushing it, 60 will get your offer countered or rejected.
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Michael Jacobs
Pasadena, CA
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Pete Xavier
Pacific Palisades, CA
3,447,266
In 15 years in the business I have never seen a 60 day closing in my market. I cannot imagine why it would take so long. I can see some wanting a 60 day close for various reasons but they would likely not get that in my market.
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
352,976
It's all negotiable and Seller and Buyer agree to terms and there is no absolute standard for either cash or financing. I have had Cash contracts agreed to close anywhere from 15 days to 90 depending on the seller and what they want. I have also had 21 days to 60 + for financing...again, depending on the seller needs and buyer as well. If I had to target a standard....45 days.
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
55,673
Most closings take approx. 30-45 days with a mortgage. I usually quote a 60 day rate. All my borrowers get a 60 day rate lock with no rate lock fee. Sometimes closings are delayed,due mostly to the BORROWER. Many borrowers state one thing but cannot verify the other. In today's world of mortgages, talk is cheap. Verification is the rule.
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
5,557,740
30-45 days - some sellers prefer 60 days to give them time to find their next home here in Charlotte though!
NY Closings are not like ours though - WE set the Closing date and adhere to them - the attorneys do not 'set' the dates, they confirm them with us!
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Anthony Acosta - ALLAT...
Atlanta, GA
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Michael Jacobs
Pasadena, CA
1,269,043
21 days with convential minimum
24 hour and up to 10 days for cash
30 days max for FHA
4-50 offers in most transactions in 10 days
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
5,176,933
Depending on the lender we can close in 30.
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
2,717,698
We were at 30 days for new loans... but the recent hurricane threw a wrench into things, so we are dating contracts to close on before 45 days.
We can close cash as quickly as a title policy can be issued (and survey if required)... I have done them in less than a week.
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
5,557,673
Most of my transactions latley have been "cash", so not up to date on residential loans but guessing 45 days might do it!
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
67,419
Our normal closing time is 30 to 45 days. 60 days is a long time and most sellers will counter the closing date.
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Debe Maxwell, CRS
Charlotte, NC
2,190,905
60 days seem a bit long, we go approx. 40-50 days.
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Debe Maxwell, CRS
Charlotte, NC
602,081
30 - 45 days is the normal time required in my area.
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Debe Maxwell, CRS
Charlotte, NC
2,231,519
3,074,716
4,790,800
A "typical" closing with financing is 30 days in my market(Los Angeles County). We all likely can share some stories where that time period is delayed for one reason or another.
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Debe Maxwell, CRS
Charlotte, NC
2,614,739
From another New Yorker, 60 days to close is not unusual. I tell my clients it could be anywhere from 45-60 days.
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Debe Maxwell, CRS
Charlotte, NC
4,322,295
Larry Bartolomei, CRS - well, my lender does it in 45 or even less....
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Debe Maxwell, CRS
Charlotte, NC
809,308
353,915
3,988,144
Occasionally we can close in 30 days but most of the time it takes 45.
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Debe Maxwell, CRS
Charlotte, NC
117,135
Typically 30-35 days is standard. Everyone needs to stay on top of it and get the job done. Bery rarely do I get a 60 day contract.
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Debe Maxwell, CRS
Charlotte, NC
878,691
Yup... 45 - 60 days for financed transactions.
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Debe Maxwell, CRS
Charlotte, NC
5,201,667
Nope I have been able to easily do 30 days for conventional loans, less for cash.
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Michael Jacobs
Pasadena, CA
5,585,039
472,264
We like to have the 60 days especially if the ratified contract is quite a few days after the date of the contract. Even better is 60 after ratified contract date. This allows for any repairs that may be needed after the appraisal is done and for the time it may take to get an appraiser chosen and scheduled. We noramlly can get them done in 40-45 days but having the extra days helps when delays are out of our control.
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Debe Maxwell, CRS
Charlotte, NC
2,259,303
2,363,853
The wait time on appraisals seems to be the major issue in scheduling closings.
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Debe Maxwell, CRS
Charlotte, NC
936,418
5,387,721
Closing dates are negotiated aspects of a contract. I rarely have a closing with financing that extends beyond 35 days.
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Michael Jacobs
Pasadena, CA
8,235,710
3,986,529
30-45 days is more the norm. If the lender can not perform in 45 days we search for one that can. AND the lender needs to sign saying if they run late they will pay for the extra costs incurred.
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Debe Maxwell, CRS
Charlotte, NC
5,291,948
6,054,829
In Colorado we have seen 3 week closings financing, and can close in a few days with CASH. A 60-day close would never fly here.
1,758,837
Right now we are going at most 45 days in California and Florida when using our trusted lenders
1,641,568
1,952,054
My current buyer purchase, with financing through Bank of American Home Loans, has a 21-day closing. Confirmed with the loan officer; pretty standard here in California.
4,434,277
2,872,065
1,713,581
929,695
It varies; I've done one week for cash; 30 with financing, but depends on many factors.
3,417,356
Here in NH we do 14-28 for cash. We do 30-45 for conventional and 45 to 60 for fha or va.