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7 answers

It depends on the speed of your loan officer, ask them upfront if they can do it, they know their own turnaround time.

2007-03-14 10:16:39 · answer #1 · answered by Mark P. 5 · 0 0

That depends on whether you have had the house appraised and all that. Then your lender has to be ready to fork over the check. It is possible to close quickly if everything is done as it should be and everyone is on the same page. Some sellers may not want to close quickly or the buyers may need more time to come up with money for closing costs.
There are alot of things that could go wrong when trying to close to quickly. It is all about scheduling and money. If one problem should arise, then there is a problem with the whole deal. Say there is a home inspection and the roof needs repair or replaced. Depending on how the offer is written up, this could void the offer, or change the offer.
So yes, it is possible, but not likely

2007-03-14 16:51:52 · answer #2 · answered by Anonymous · 0 0

Like others have said, it depends on your lender. New Home Builders have lenders that are typically motivated to close that quickly; 12 days is absolutely possible in Texas.

We're in Austin and frequently do 14 day closes- your REALTOR should be able to tell you the scope of your loan in an honest manner.

2007-03-15 13:27:05 · answer #3 · answered by austin_texan 3 · 0 0

To be certain of the answer, speak with a title & Escrow company representative. In general, 12 days is pretty fast, but doable if you're financing. If you're paying cash, our experience is you can close in as little as 3 days.

2007-03-14 16:51:35 · answer #4 · answered by Jay S 3 · 0 0

I closed a house in California in 7 days, so it is possible. It depends on several factors, including the sellers motivation to close, your loan, and the escrow/recorders office.

Good Luck

2007-03-14 16:49:10 · answer #5 · answered by Jen 5 · 0 1

if your IN austin you can close in 20 mins comptrolers office i wish i could learn to spell in 12 days

2007-03-14 16:50:30 · answer #6 · answered by havenjohnny 6 · 0 1

you can do whatever you want to. i closed in rockwall, tx in 5 days. it all depends on how secure your financing is, and how efficient your processing people are.

2007-03-14 16:47:40 · answer #7 · answered by Anonymous · 0 0

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