LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

Closing estimate

Posted By Message

Jaimeann34
LIF Zygote

Member since 10/12

33 total posts

Name:
Jaime

Closing estimate

Hi! We’re in the process of selling our house, the appraisal came in and the title. We are waiting for the survey and CO’s search to come back.We have an on or about date of February 19th. I know it can go 30 days past that but we’re moving to nc and my husband found out his start date is also February 19th. Does anyone know how much longer this normally takes once these 2 things are in.. I’m told it shouldn’t take too much longer to come in. we really want to close here and down there within days of each other and I don’t want to have to stay up here with my 4 year old and 4 month old alone while they husband is down there.

Sorry for the long post

Posted 1/17/18 1:43 AM
 
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource
  |   Long Island Weddings

starbrightgirl8
LIF Adolescent

Member since 1/16

537 total posts

Name:

Closing estimate

It's hard to give an estimate, because it depends on a lot of different people. Once the survey and CO search are in, it could be a week or it could be another 3-4 weeks. It depends on how quick the buyer's lender is, if the buyer has everything into the bank, if there are any issues with the CO search or the survey, etc. The best thing you can do now is have your attorney and real estate agent inquire if the buyers are ready to go when these last few things come in and make sure that the buyers are on the same page about closing ASAP.

Posted 1/17/18 8:34 AM
 

Jaimeann34
LIF Zygote

Member since 10/12

33 total posts

Name:
Jaime

Re: Closing estimate

I spoke to my attorney today the CO came in and it’s all good. Last week the buyer said he submitted everything the bank(TFCU) needed from him. I’m praying we’re almost done

Posted 1/17/18 10:30 PM
 

MrsO
Big Brothers to Be

Member since 1/07

4521 total posts

Name:
Maureen

Re: Closing estimate

Its really up to the bank - sometimes they come back and ask for more information.
we just closed and it took the buyer almost 30 days after the on or about date. It was the bank holding things up with more paperwork.
Good Luck

Posted 1/19/18 10:49 AM
 

alli3131
Peanut is here!!!!!!

Member since 5/09

18388 total posts

Name:
Allison

Closing estimate

Check and see if you can give your attorney POA to sign the papers. When we bought our house the sellers weren’t even here.

Posted 1/19/18 6:00 PM
 

LSP2005
Bunny kisses are so cute!

Member since 5/05

19458 total posts

Name:
L

Re: Closing estimate

You can give your attorney a limited power of attorney to complete the closing and wire you your money without you being at the closing. You should not have to stay in NY to complete the closing. Speak with your attorney.

Posted 1/19/18 6:03 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
When do you get an estimate on closing costs? carissa1643 6/21/11 4 Home
IS there anyway to determine an estimate for closing costs? randella 4/23/10 6 Home
Loan Estimate and closing cost question. luckyduck 9/7/17 7 Families Helping Families ™
When do you find out about closing? BermudaBride 5/11/05 3 Home
We're Closing Nest Week!! btrflygrl 5/10/05 23 Home
2 Days to Closing skew 5/10/05 19 Home
 
Quick navigation:   
Currently 166008 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows