Hello Redondo and thanks for your question.
Your broker or agent is absolutely correct that there are deadlines to meet when purchasing a home. In fact, we (as agents) don't call them "hurdles" without good reason. The first of your time deadlines will involve taking money to the title company, then increasing your deposit, followed by reports, removing contingencies, getting financing (which has its own specific time lines) and then signing off. It may seem like a long time, but 30 days whips past like a sheep in a tornado.
If you are purchasing an REO property, and I suspect you may be, the contingency removal time typically shortens from 17 days to just 7 days. That means rushing to get all reports, and then rushing to remove contingencies. If you fail to meet the deadline--as many of these REO sales addendums state--the home can automatically be sold to the next person waiting in line or you give up your right to cancel the contract based on an issue within the report.
If you feel that your agent is rushing you along too quickly, sit down and meet with him or her and ask why things need to move so quickly. Again, if this is an REO, the time lines shorten drastically, and your agent will be able to explain why the times lines are shortened, and the time when everything must be completed.
Good luck and happy home ownership!
Grace Morioka, SRES, e-Pro
Area Pro Realty
San Jose, CA