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How long in advance did you get your firm close date?

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randella
Love my little man

Member since 8/05

16290 total posts

Name:
Randi

How long in advance did you get your firm close date?

Posted 6/18/10 5:04 PM
 
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Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: How long in advance did you get your firm close date?

on average...a couple of days

a week at most

Posted 6/18/10 5:10 PM
 

Goldi0218
My miracles!

Member since 12/05

23902 total posts

Name:
Leslie

Re: How long in advance did you get your firm close date?

Once we got the commitment letter from the bank, we got the closing date within a couple of days.

Posted 6/18/10 5:28 PM
 

randella
Love my little man

Member since 8/05

16290 total posts

Name:
Randi

Re: How long in advance did you get your firm close date?

Right-- so you would say the only reason why it gets only a few days in advance, is because of the banks.

But, if you have no bank involvement on either end-- there is no reason why you can't set it further in advance I assume.

Posted 6/18/10 5:35 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: How long in advance did you get your firm close date?

Posted by randella

Right-- so you would say the only reason why it gets only a few days in advance, is because of the banks.

But, if you have no bank involvement on either end-- there is no reason why you can't set it further in advance I assume.



for a cash deal you can set it weeks in advance

the one cash deal I closed this year- closed on the contract date

Posted 6/18/10 5:51 PM
 

Nifheim
allo

Member since 1/09

5476 total posts

Name:
Jennifer

Re: How long in advance did you get your firm close date?

2 days

Posted 6/18/10 9:25 PM
 

siren
LIF Infant

Member since 8/07

219 total posts

Name:

Re: How long in advance did you get your firm close date?

I think we had a week - and it got pushed a little b/c of schedules. We had our commitment letter months ago. It was actually all delayed b/c of the house the sellers are moving to - those owners dragged their feet to set a closing date.

Posted 6/19/10 8:19 AM
 

Spring Baby06
My two loves

Member since 5/05

3612 total posts

Name:
Jillian

Re: How long in advance did you get your firm close date?

2 days

Posted 6/19/10 11:55 AM
 

ChaTTerBoX
LIF Infant

Member since 2/10

245 total posts

Name:

Re: How long in advance did you get your firm close date?

A commitment letter is different from FINAL approval from your Mort. Company. We got a commitment letter months ago,....but we are still waiting for a closing date. It was scheduled and re-scheduled because of title issues and COs.

Posted 6/19/10 12:14 PM
 

Alexandra17
Keep It Positive

Member since 4/09

6262 total posts

Name:
Alexandra (ali)

Re: How long in advance did you get your firm close date?

a couple of days, I believe it was 4 days

Posted 6/19/10 5:01 PM
 
 

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