Hi Robert:

A 21 days close - assuming you get into escrow tomorrow - is a pretty aggressive schedule in this market - especially with how difficult it is to get loan approved and such.

Make sure you get your loan locked, check with your lender that they will be able to approve your loan, provide the loan doc and be able to appraise, fund and close escrow within the 21 days period.

Make sure you have enough time to do all inspections before then.

Make sure after you remove all contingencies, you have plenty of time to pack and move into the house at cloe of escrow and hopefully you are not paying your rent at the same time.

Why does your agent want you to close by 11/4? Is this a sellers market? Is the house generating multiple offer and you are competing with other offers? Is there a requirement by seller that you close faster - although if this is not a sellers market, you shall not have to bend backward. Does he have to sell by then so he does not go into default?

Ask your agent for the reason why he suggested that, he should be able to provide answers for that. Also make sure you can fulfill all your contractual terms with that period of time, then decide what to do.

Best,
Sylvia Barry
Marin Realtor
For All Your Real Estate Needs in Marin County

Did you have a loan commitment expiration date? Maybe your agent suggested the November 4th closing date because your pre -approval had an expiration date and your agent was trying to get your loan closed within that time frame.