I hope this isn't the case, since closing in this short of a period with financing is virtually impossible, and selling agents know this.....When selling agents are reviewing offers, they will discard the offers that don't make sense first!
I don't need to rehash what the agents have said about how hot the market is, this is an issue for nearly all buyers right now!
I work for a local, privately held mortgage bank, and we've refined our entire submission/underwriting/funding process where a 21 day close of escrow is possible. But since the lender doesn't have 100% control of the closing times (there's too many other reasons for delays to mention here), the typical, REAL closing turn time is between 35-40 days.
Let me know if I can be a resource for you!
And best of luck you to you!
Best of Luck,
Ted A. Greene
JCL Realty, Inc.
The home that came on the market today, even without photos, will probably get 10 offers and 8 of those could be from buyers who haven't seen it. Half of those will probably be cash. Sorry. I just report the facts -- I don't create the market.
Lyon Real Estate
It isn't anything you've done. Sounds like you've done everything right. The problem is a lack of inventory and an excessively large (and gorwing) pool of eligible buyers. Again, not your fault, just the market. Keep trying and be prepared to wait it out. May work out in your favor if you buy later (when there is more inventory available), may cost you less.
I have a YouTube Video that expresses why I belive inventory is so low.
Hope this info helps.
Keisha Mathews, REALTORÂ®
CDPEÂ®, HRCÂ®, HAFAÂ® Certified
"The Short Sale Lady"
Century 21 Landmark Network
(916) 370-1803 cell/direct
(916) 405-3886 fax