Nathan Gesner, Broker / Property Manager (American West Realty and Management)

Spam prevention
Ambassador
1,643,665
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Good question and I think it is a current one on a three-plex I sold. The appraiser asked for an extension 4 times.

Nov 27, 2017 06:10 AM
Rainmaker
1,378,617
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Nathan Gesner A litle under four years. It was a land deal.

Nov 27, 2017 06:30 AM
Ambassador
4,261,141
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I have had a few reo's that took around 6 months.

 

Nov 27, 2017 06:28 AM
Rainmaker
705,051
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Almost 2 years to the date. House became a probate issue during escrow to be 'cleared' the the probate court, and my buyer-client was highly encouraged to sit on the deal. During the 2 years, my client made money on the house by shear fact of capital appreciation over time, without ever owning it. Once the deal cleared, we flipped back on the market, and client made a six-figure gain.

Nov 27, 2017 06:21 AM
Rainmaker
1,078,495
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Nov 27, 2017 11:30 AM
Rainmaker
556,305
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

I have had some monster short sales. Everything from hidden liens coming up on the title search last minute to the debt being sold off post approval. It delays things.  

Nov 27, 2017 06:22 AM
Rainmaker
375,864
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

About 5 months and we had to switch to a different lender.  It was a builder's home, though. 

Nov 27, 2017 04:42 PM
Ambassador
893,487
John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Selling my own home in 2012 ---- short sale process took a year and a half from accepted contract thru closing.

Nov 27, 2017 10:35 AM
Rainmaker
1,501,649
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Short Sale that took 14 months.

Nov 27, 2017 09:34 AM
Rainmaker
718,014
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

3 years. It was a damn mess too. Dead people, fighting people, attorneys, oh my!

Nov 27, 2017 08:12 AM
Rainmaker
775,735
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

The longest delay was 3 months due to a title issue. As a result the buyer backed out.

 

Nov 27, 2017 06:56 AM
Rainmaker
3,297,116
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

A probate issue delayed the closing by a little over 9 months!

Nov 27, 2017 06:42 AM
Rainmaker
3,126,500
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Really, can't recall any such long delays. I have had transactions that took a long time to close, but those longer closings were planned for and agreed to in the contract. But no serious unexpected delays beyond a few days.

Nov 27, 2017 06:17 AM
Rainmaker
469,394
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I had a house on the market -- a Short Sale:  3 Offers

1st Offer Accepted took 7 months and buyer walked.

2nd Offer Accepted took 9 months and buyer walked.

3rd Offer Accepted took 11 months and that buyer walked.

When I went to the house to fill the brochure box and check on the property -- my lock box had been sawed off ... the Bank Foreclosed on my Client -- and he was a Military Man serving in Afghanistan!  Unbelievable!  The longest time I've ever fought so hard ... almost got an ulcer on this one!

Nov 27, 2017 12:33 PM
Rainmaker
1,553,860
Mike Cooper, GRI
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Nathan, we had a closing date of 9/16/16 that ended up closing on 1/16/17. That's about as long as I've ever had.

Nov 27, 2017 12:32 PM
Rainmaker
1,246,277
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I think one month was the max on a residential sale.

Nov 27, 2017 10:11 AM
Rainmaker
5,419,757
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I do not know.

Nov 27, 2017 09:20 AM
Rainmaker
546,195
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

I don't recall having anything too lengthy...

Nov 27, 2017 08:55 AM
Rainmaker
2,798,605
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I had an FHA short sales that took one year!!!!!  

Nov 27, 2017 08:27 AM
Rainmaker
1,329,087
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

5 months.

Nov 27, 2017 08:08 AM
Rainmaker
4,482,027
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nathan,

We had a sale that was depended on a change of variance, and that took 6 months.

Nov 27, 2017 07:21 AM
Ambassador
4,009,709
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

About 3 weeks. Other longer closings were planned for

Nov 27, 2017 07:11 AM
Rainmaker
766,546
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Excluding distressed and short sales, the longest delay was 3 months. The lender needed to SEE the wind rating for the garage door. Original installation company..out of business.  That is when you realize if you aren't good to others, they may not help you out of a real bind.

Nov 27, 2017 07:10 AM
Rainmaker
4,797,386
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

If you include the days of the short sale, one took two years.

Nov 27, 2017 07:04 AM
Rainmaker
456,643
Dee Toohey
Innovative Realty Solutions Group - Longwood, FL
Broker, ABR, AHWD, CIPS, FMS, ePro

13.5 months.  But it was a short sale.  

Nov 27, 2017 06:57 AM
Rainmaker
2,463,269
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

On options to purchase they could go 2 plus years....or depending

Nov 27, 2017 06:48 AM
Rainmaker
932,055
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

2.5 years.

My very first short sale which started with WAMU and ended at Wacovia.

Nov 27, 2017 08:08 PM
Rainmaker
524,780
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Total of about 3 months, waiting for the IRS and California Franchise Tax Board to clear it.

Nov 27, 2017 05:09 PM
Rainmaker
5,030,137
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

decades ago, I had a Farmer's Home Loan financed deal and it took a year for the damn thing to close....that was my one and only deal financed that way in 39 years....

Nov 27, 2017 07:00 AM
Ambassador
3,339,609
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Short sale days...weeks...months come to mind!

Nov 27, 2017 10:05 PM
Ambassador
2,868,357
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

10 months.  It was a REO with a title cloud, but my buyer really wanted THAT house.

Nov 27, 2017 08:13 PM
Ambassador
3,983,135
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I have had some long ones with a lease purchase that took a year and a half. I have had some custom homes that took eleven months.

Nov 27, 2017 07:38 PM
Rainmaker
3,826,342
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Can't remember any over 60 days..and that is considered long.

Nov 27, 2017 06:31 PM
Ambassador
1,976,451
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

I have a deal going right now that will be about 22 months by time it closes. Title search revealed some IRS liens that needed to be resolved and it's taking some time! 

Nov 27, 2017 06:20 PM
Rainmaker
1,021,048
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

a couple of months.

Nov 27, 2017 09:15 AM
Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Short sales and new construction.

Nov 27, 2017 08:45 AM
Rainmaker
4,101,450
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

That year I had a sale with the buyer being contingent on their sale.   Their sale was delayed 3 days.   This pushed back a total of 3 sales, as my Seller's home purchase was delayed also.

Nov 30, 2017 03:07 PM
Rainmaker
3,200,399
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

45 days one time

 

Nov 28, 2017 02:04 PM
Rainmaker
636,119
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Sitting on a "regular sale" now that was supposed to close in October... 

Nov 28, 2017 04:29 AM
Rainmaker
3,053,541
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

One short sale lasted a couple of years...

Nov 28, 2017 02:25 AM
Rainmaker
3,983,315
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

3 months

Nov 27, 2017 06:45 PM