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All paper work now in the bank - how long until i get a firm closing date?

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Nifheim
allo

Member since 1/09

5476 total posts

Name:
Jennifer

All paper work now in the bank - how long until i get a firm closing date?

As of this morning I got the last paper work that the bank swore the underwriters needed so how long until I get a closing date (around)?

Thanks!!!

Posted 10/9/09 3:05 PM
 
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neener1211
:-)

Member since 4/07

22952 total posts

Name:
J

Re: All paper work now in the bank - how long until i get a firm closing date?

It will depend on when the lawyers for both sides and the bank, and all the other people that involved in closing can plan a day to close. We were contacted on a Thursday and told that our closing was the following Monday.

Ask your lawyer, he/she will know the scheduling and have a good idea.

Posted 10/9/09 3:36 PM
 

shoegal68
LIF Toddler

Member since 6/08

422 total posts

Name:
Sandy

Re: All paper work now in the bank - how long until i get a firm closing date?

well, everyone has to agree on a time & date. However, we didn't get the "clear to close" until about 2 days before. this is the point where the bank gives all the documents to your lawyer and he/she gives you a list of checks to bring. unfortunately, with us we didn't get it until the day before Chat Icon

i know its unfair & it stinks but this is also because of the government now being involved. i'm sure it will be like this for awhile.

it will be worth it!! once you get those keys in your hands you & DH can celebrate!

Posted 10/9/09 6:32 PM
 

diva7531
My Peanut

Member since 2/07

5199 total posts

Name:
Ryan 3 boys EDD 11/6!

Re: All paper work now in the bank - how long until i get a firm closing date?

I was told the underwriters needed 48 hours to approve everything. Then the lawyers get together and figure out a date good for them and then ask you and the sellerif that date works for you. Probably within 2 weeks?

This is what I was told. Good Luck, I hope it happens soon.Chat Icon

Posted 10/9/09 9:52 PM
 

Nifheim
allo

Member since 1/09

5476 total posts

Name:
Jennifer

Re: All paper work now in the bank - how long until i get a firm closing date?

thank you i hope for a Oct 19th date if not sooner. So I figured a week my friend just told me after she got everything together she had a closing date three days after (underwriters had taken two days and the next day they were at closing) so lets up everyone's schedules are free so we can get into our house LoL

Posted 10/10/09 9:47 AM
 
 

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