Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Agent2Agent in 75038 : Real Estate Advice

  • All30
  • Local Info1
  • Home Buying19
  • Home Selling2
  • Market Conditions0

Activity 1
Mon Jun 28, 2010
answered:
Kim - 30 days is somewhat long for getting the conditional approval, 3 weeks really should do it.....

Where there's truly a disconnect regarding these time frames is the difference between the written contract date and the actual date we receive the complete contract...This is usually a week or so.....there's also additional delays created when we need to wait for the pre-lim, copy of earnest funds check, title & escrow fees (our form that we need fully completed by the escrow officer so we can issue the new GFE)....

In spite of these delays, most realtors insist on trying to close a deal in 30 days or less, knowing full well that this process has been taking 45 - 60 days to close/record.....

Interesting question, keep em coming!

best, Jeff Marr
Stanford Mortgage
... more
1 vote 9 answers Share Flag
Search Advice
Search

Followers

254