2006-06-26 17:31:09 · 3 answers · asked by andyzmomma4 1 in Business & Finance ➔ Renting & Real Estate
You can choose the length of the escrow period which typically run 30, 60, or 90 days. You also may wish to check into concurrent closings so your not saddled with two house payments.
2006-06-26 17:36:53 · answer #1 · answered by cptdrinian 4 · 0⤊ 0⤋
That is a difficult question to answer the way it is worded.
Are you speaking from the time escrow opens until the entire transaction is closed, take your choice 14 days -180 days depends on several things. Depends on any contingents placed on any contracts, such as getting a zoning change, how long it take to secure a loan.
If you are asking after the escrow has been funded and all the loan docs have been signed, and it is a purchase it closes immediately, without further ado.
If you are speaking of a refinance you have 3 days to refuse the loan, after which it closes without any fanfare.
I hope this has been of some use to you, good luck.
"FIGHT ON"
2006-06-26 17:45:49 · answer #2 · answered by Skip 6 · 0⤊ 0⤋
That is negotiable, it is usually 30 days but it can be as short or as long as the seller decides.
2006-06-26 17:33:08 · answer #3 · answered by KP 2 · 0⤊ 0⤋