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Nathan Gesner, Broker / Property Manager (American West Realty and Management)

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Rainmaker
1,713,581
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Good question and I think it is a current one on a three-plex I sold. The appraiser asked for an extension 4 times.

Nov 27, 2017 06:10 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Nathan Gesner A litle under four years. It was a land deal.

Nov 27, 2017 06:30 AM
Ambassador
6,687,212
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I have had a few reo's that took around 6 months.

 

Nov 27, 2017 06:28 AM
Rainmaker
719,777
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Almost 2 years to the date. House became a probate issue during escrow to be 'cleared' the the probate court, and my buyer-client was highly encouraged to sit on the deal. During the 2 years, my client made money on the house by shear fact of capital appreciation over time, without ever owning it. Once the deal cleared, we flipped back on the market, and client made a six-figure gain.

Nov 27, 2017 06:21 AM
Rainmaker
2,230,207
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Nov 27, 2017 11:30 AM
Rainmaker
778,025
Peter Testa
Kiwi Homes - Danbury, CT
PETER TESTA

I have had some monster short sales. Everything from hidden liens coming up on the title search last minute to the debt being sold off post approval. It delays things.  

Nov 27, 2017 06:22 AM
Rainer
509,499
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

About 5 months and we had to switch to a different lender.  It was a builder's home, though. 

Nov 27, 2017 04:42 PM
Ambassador
1,093,355
John Meussner
Catalyst Mortgage - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Selling my own home in 2012 ---- short sale process took a year and a half from accepted contract thru closing.

Nov 27, 2017 10:35 AM
Rainmaker
1,714,411
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Short Sale that took 14 months.

Nov 27, 2017 09:34 AM
Rainmaker
1,100,939
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

3 years. It was a damn mess too. Dead people, fighting people, attorneys, oh my!

Nov 27, 2017 08:12 AM
Rainmaker
1,258,819
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

The longest delay was 3 months due to a title issue. As a result the buyer backed out.

 

Nov 27, 2017 06:56 AM
Rainmaker
5,482,888
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

A probate issue delayed the closing by a little over 9 months!

Nov 27, 2017 06:42 AM
Rainmaker
5,311,875
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Really, can't recall any such long delays. I have had transactions that took a long time to close, but those longer closings were planned for and agreed to in the contract. But no serious unexpected delays beyond a few days.

Nov 27, 2017 06:17 AM
Rainmaker
684,752
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I had a house on the market -- a Short Sale:  3 Offers

1st Offer Accepted took 7 months and buyer walked.

2nd Offer Accepted took 9 months and buyer walked.

3rd Offer Accepted took 11 months and that buyer walked.

When I went to the house to fill the brochure box and check on the property -- my lock box had been sawed off ... the Bank Foreclosed on my Client -- and he was a Military Man serving in Afghanistan!  Unbelievable!  The longest time I've ever fought so hard ... almost got an ulcer on this one!

Nov 27, 2017 12:33 PM
Rainmaker
1,763,429
Mike Cooper, Broker VA,WV
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Nathan, we had a closing date of 9/16/16 that ended up closing on 1/16/17. That's about as long as I've ever had.

Nov 27, 2017 12:32 PM
Rainmaker
1,538,464
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I think one month was the max on a residential sale.

Nov 27, 2017 10:11 AM
Rainmaker
8,150,772
Roy Kelley
Retired - Gaithersburg, MD

I do not know.

Nov 27, 2017 09:20 AM
Rainmaker
564,544
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

I don't recall having anything too lengthy...

Nov 27, 2017 08:55 AM
Ambassador
3,430,182
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I had an FHA short sales that took one year!!!!!  

Nov 27, 2017 08:27 AM
Ambassador
2,324,089
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

5 months.

Nov 27, 2017 08:08 AM
Rainmaker
5,774,100
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nathan,

We had a sale that was depended on a change of variance, and that took 6 months.

Nov 27, 2017 07:21 AM
Ambassador
5,167,137
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

About 3 weeks. Other longer closings were planned for

Nov 27, 2017 07:11 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Excluding distressed and short sales, the longest delay was 3 months. The lender needed to SEE the wind rating for the garage door. Original installation company..out of business.  That is when you realize if you aren't good to others, they may not help you out of a real bind.

Nov 27, 2017 07:10 AM
Rainmaker
609,780
Dee Toohey
Innovative Realty Solutions Group - Longwood, FL
Broker, ABR, AHWD, CIPS, FMS, ePro

13.5 months.  But it was a short sale.  

Nov 27, 2017 06:57 AM
Rainmaker
2,848,479
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

On options to purchase they could go 2 plus years....or depending

Nov 27, 2017 06:48 AM
Rainmaker
1,619,511
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, ePRO
Big Block Realty 858.232.8722 - La Jolla, CA
Serving Coastal San Diego, Veteran's & Seniors

2.5 years.

My very first short sale which started with WAMU and ended at Wacovia.

Nov 27, 2017 08:08 PM
Rainmaker
637,534
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Total of about 3 months, waiting for the IRS and California Franchise Tax Board to clear it.

Nov 27, 2017 05:09 PM
Rainmaker
5,584,639
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

decades ago, I had a Farmer's Home Loan financed deal and it took a year for the damn thing to close....that was my one and only deal financed that way in 39 years....

Nov 27, 2017 07:00 AM
Ambassador
5,487,078
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Short sale days...weeks...months come to mind!

Nov 27, 2017 10:05 PM
Ambassador
3,213,379
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

10 months.  It was a REO with a title cloud, but my buyer really wanted THAT house.

Nov 27, 2017 08:13 PM
Rainmaker
3,988,138
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have had some long ones with a lease purchase that took a year and a half. I have had some custom homes that took eleven months.

Nov 27, 2017 07:38 PM
Rainmaker
5,275,787
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Can't remember any over 60 days..and that is considered long.

Nov 27, 2017 06:31 PM
Ambassador
2,184,389
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

I have a deal going right now that will be about 22 months by time it closes. Title search revealed some IRS liens that needed to be resolved and it's taking some time! 

Nov 27, 2017 06:20 PM
Rainmaker
1,262,352
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

a couple of months.

Nov 27, 2017 09:15 AM
Rainmaker
4,434,227
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Short sales and new construction.

Nov 27, 2017 08:45 AM
Rainmaker
6,003,885
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

That year I had a sale with the buyer being contingent on their sale.   Their sale was delayed 3 days.   This pushed back a total of 3 sales, as my Seller's home purchase was delayed also.

Nov 30, 2017 03:07 PM
Rainmaker
5,199,691
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

45 days one time

 

Nov 28, 2017 02:04 PM
Rainmaker
873,820
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Sitting on a "regular sale" now that was supposed to close in October... 

Nov 28, 2017 04:29 AM
Rainmaker
3,074,389
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

One short sale lasted a couple of years...

Nov 28, 2017 02:25 AM
Rainmaker
3,986,473
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

3 months

Nov 27, 2017 06:45 PM