| Posted By |
Message |
Jax430
Hi!
Member since 5/05 18919 total posts
Name:
Jackie
|
Time between your offer being accepted and contract being signed? UPDATED 1/9
How long was it between when your offer was accepted and your contract was signed?
Our offer was accepted on 12/8, and we still haven't signed a contract! The lawyers are being slow, and we seem to be playing this constant game of telephone between us, the brokers, the sellers, and the lawyers. It's sounding like it's getting closer and closer, but I'm getting so frustrated! I just want to sign it already!
Update 1/9: It's STILL not signed! DH and I signed on Sunday, but yesterday, it was discovered that there was an issue with the closing date (DH and I should have picked up on it), so the sellers were upset. The major problem is a total lack of communication between the lawyers. The longer that this goes on, the nervous I'm getting, and I'm wondering if it's meant to be. The anxiety is driving me nuts!
Message edited 1/9/2008 11:31:24 AM.
|
Posted 1/3/08 5:25 PM  |
| |
|
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
alnem
This is gonna be a good year!
Member since 2/06 9562 total posts
Name:
Emily
|
Re: Time between your offer being accepted and contract being signed?
honestly, the weeks of Christmas to New Years day are pretty much dead and no one in the attorneys offices are really working.
every situation is different. i've had contracts fully executed within a few hours (i physically picked them up from the buyers attorneys office right after signing and drove them to the sellers attorneys office where the sellers were waiting to sign) and i've seen situations where it takes weeks to be fully executed.
were there things that came up on the home inspection that need to be negotiated and worked into the contracts?
|
| Posted 1/3/08 5:50 PM |
| |
|
Jax430
Hi!
Member since 5/05 18919 total posts
Name:
Jackie
|
Re: Time between your offer being accepted and contract being signed?
Posted by alnem
honestly, the weeks of Christmas to New Years day are pretty much dead and no one in the attorneys offices are really working.
every situation is different. i've had contracts fully executed within a few hours (i physically picked them up from the buyers attorneys office right after signing and drove them to the sellers attorneys office where the sellers were waiting to sign) and i've seen situations where it takes weeks to be fully executed.
were there things that came up on the home inspection that need to be negotiated and worked into the contracts?
I meant to add that I realize things are slowed down by the holidays, so I have to take that into account.
Our final offer was for the house "as is", in order to get our price, so after we decided to go ahead following the inspection, there was nothing that needed to be negotiated and worked into the contracts.
The problem seems to be that the attorneys aren't communicating directly, and a lot of info is going from our lawyer to us, to our broker, to their broker, to the seller, and vice versa. One of the issues has been the closing date, but that seems to be getting settled...
|
| Posted 1/3/08 6:00 PM |
| |
|
beautyq115
New Year!
Member since 5/05 13729 total posts
Name:
Me
|
Re: Time between your offer being accepted and contract being signed?
Offer was accepted....middle of October and signed at the end of October. As someone else said...it is slow because of the holidays?
Is there more than more person signing the contract? we had that...it was an estate
|
| Posted 1/3/08 6:50 PM |
| |
|
PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name:
Betsy
|
Re: Time between your offer being accepted and contract being signed?
We had an offer accepted on a Sunday before Xmas in '06 and we signed contracts 3 days later, but didn't release them to the seller for one additional week - 3 days before New Year's for him to come to our terms re: repairs. We closed 30 days later.
|
| Posted 1/3/08 6:54 PM |
| |
|
Jax430
Hi!
Member since 5/05 18919 total posts
Name:
Jackie
|
Re: Time between your offer being accepted and contract being signed?
Posted by beautyq115
Offer was accepted....middle of October and signed at the end of October. As someone else said...it is slow because of the holidays?
Is there more than more person signing the contract? we had that...it was an estate
ours is also an estate. All of these factors must be contributing.
|
| Posted 1/3/08 7:37 PM |
| |
|
VickiC
Rocking the party
Member since 5/05 4937 total posts
Name:
Vicki
|
Re: Time between your offer being accepted and contract being signed?
Ours took a month as well. We had our offer accepted July 9 and we signed the contracts on August 3rd I think.
|
| Posted 1/3/08 8:23 PM |
| |
|
Jax430
Hi!
Member since 5/05 18919 total posts
Name:
Jackie
|
Re: Time between your offer being accepted and contract being signed? UPDATED 1/9
bump for update/vent. Thanks for listening!
|
| Posted 1/9/08 11:31 AM |
| |
|
Mrs-D-Girl
Love my fur baby
Member since 8/07 5183 total posts
Name:
|
Re: Time between your offer being accepted and contract being signed? UPDATED 1/9
Hang in there, it's rare this stuff goes as smooth as you like. 
|
| Posted 1/9/08 11:34 AM |
| |
|
MrsPornStar
Partners in crime
Member since 10/05 14656 total posts
Name:
Mama
|
Re: Time between your offer being accepted and contract being signed? UPDATED 1/9
No advice, but I wanted to offer some hugs.
|
| Posted 1/9/08 3:14 PM |
| |
|
ali120206
2 Boys
Member since 7/06 17792 total posts
Name:
|
Re: Time between your offer being accepted and contract being signed? UPDATED 1/9
It was three weeks between when our offer was accepted and when we went into contract and it was the longest three weeks of my life!!!
|
| Posted 1/9/08 3:29 PM |
| |
|
