Thursday, December 8, 2011

What are the calender due dates for both the buyer and seller in a real estate transaction?

Not sure what you mean, but most transactions or the closing of the sale usually occur about 30 days from agreement. This give banks time to get the paperwork done, the attorney time to do the title seach, the buyer time to do inspections, and the seller time to get a termite letter. If the transactions is cash, it can take less time - perhaps 2 weeks - since there will be no bank and all parties agree that they can have their parts done.|||You may want to clarify this question, I'm not certain what exactly you mean.|||the contract would state the specific days that you need to close and the specific days that your option period expires.





A real estate transaction, pending there are no loan or title issues should typicially close and fund in 15-25 days.

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