If you are including escrow time and it is a conventional loan; I would say about 45 days. 15 days before you accept an offer and 30 days for escrow.
If it is cash, short sale or reo it could vary...... more
The Act is specific about the type of mortgages covered, time frames of purchase, and qualifications.
Some individuals may be subject to capital gains when they sell their homes via a short sale, they'll need to check with their CPAs.
Many people re-fi'ed and used the cash for other things. Only purchase money loans, or loans to re-model or rehab will qualify. So if an owner bought a bunch of toys, they are going to be exempt from this act.