Wrinkles might be cute on dogs - but not so much on faces and certainly not in real estate transactions!!

It seems like it is taking longer to get the fully executed contract, longer to get the preliminary title report, longer to get the appraisal, longer to get responses to requests for repairs, longer for loan docs, longer for funding...at this rate i'll need a face lift between the time we go into contract and the close of escrow!!

Remember the days when you could actually close a transaction in 30 days or less?  Certainly FHA transactions start at 45 days and if you throw in the fact that the transaction is an REO, well then you definitely have a sixty day escrow. Even a non-REO with conventional financing seems to be taking 45 days.  Yes...sixty is the new thirty and if we can just accept that fact, it might eliminate some stress-induced furrows and gray hair.  Now...where did I put that invitation to the Botox party?

Lori Prizmich, CRS

Keller Williams Realty

530 845 3325 (direct)

 
This post has been included in California Information Yolo County, CA Information

2 Comments on Sixty is the new thirty! Days that is...

MAY
11
5 Featured Posts

Hi, Lori,

Nice to see a new blog from you after a few months respite! Taken any more CRS classes since the one in Sacramento?

BTW, where'd you get my latest photo to use on your blog? LOL!

2:41pm • #1
AUG
07

Lori- And yet, the banks give a 15 day loan contingency on REO's.  Go figure!  One would think they should know better!

1:44pm • #2

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Lori Prizmich

Davis, CA

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Keller Williams

Office Phone: (877) 328-4757

Cell Phone: (530) 845-3325

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