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Ambassador
1,500,671
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

From contract to closing can vary so much there's no real way to answer this question.

Jul 05, 2015 12:47 AM
Rainmaker
698,877
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

Too long of a list to put here but I'm wondering why you would be on a real estate site if you have no knowledge of the profession?

Jul 04, 2015 11:13 PM
Rainer
15,507
Jack Barry
Saint Petersburg, FL

With the new lending disclosure regulations going into effect in October, 45 days to close is going to be the new norm for purchases using financing.

Jul 08, 2015 03:11 AM
Rainer
52,298
Joe D'Agostino
NMLS# 729950 - Manahawkin, NJ
Mortgage Officer 46 years!

A Motivated buyer who gives all the documents requested at time of application, has good credit and Income should be able to close within 30-45 days. More like 45 days. Many of the new lending regulations has caused some delays in the closing process.

Jul 05, 2015 08:42 AM
Ambassador
4,264,639
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

1 day to 6 months

Contingencies!

Loan officers and underwriters.

title companies

sellers or buyers who are unprepared

Agents who are unprepared or incompetent.

reaction to inspections

 

Jul 05, 2015 07:17 AM
Rainmaker
5,034,944
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

to answer this question is to write a book.... one can close a cash deal with no contingencies in the time it takes for an atty to search the title... and it takes very little time if he/she does it him/herself....

Jul 05, 2015 12:42 AM
Rainmaker
537,939
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

Many things can go wrong, especially if you are trying to buy without an agent, buying sight unseen, or using the wrong agent.

If you are going to buy in the states, go to NAEBA.org (National Association of Exclusive Buyers Agents) and find an exclusive buyers agent (called EBA) who will give you 100% Loyalty, 100% of the time.  They never represent sellers. 

Eve

Jul 05, 2015 12:30 AM
Rainmaker
2,432,181
Captain Wayne - Rowlett Real Estate School
REcampus Fully Accredited Florida ONLINE & Classroom Training in Destin, Pensacola Florida - Panama City Beach, FL
Rowlett Real Estate School / Owner and Instructor

Wow, there is always that possiblilty that things that can go wrong.  I say the average closing takes 45 days.

Jul 04, 2015 10:41 PM
Rainmaker
3,049,502
Richard Weeks
Dallas, TX
REALTOR®, Broker

Typically 30 days.  Problems with the buyers loan or title issues could cause delays.

Jul 04, 2015 09:19 PM