Here's a good opne. I was talking with my Dad the other day. He is a retired builder and built residential homes and commercial office space in the Hudson Valley since 1966. Long time.
He was sitting in my office as I was sending a fax, reading an email, signing for a UPS, mailing a letter and watching my cell phone ring...sound familiar.
He busted out laughing when it all calmed down. I asked, " What is so funny?" I was a little perplexed as I thought I was quite the multi-tasker.
He said: "When I was in business you mailed the contract, walked to the bank to make a deposit and went to the home office to make a phone call, he still has a rotary phone mind you. We would read the contracts call the Lawyer during daylight hours and get a home from offer to closing is 45 to 60 days. Sometimes a little shorter, sometimes a little longer. And we were home for dinner by 5:30pm.
"So what's your point...Dad?"
"You have three overnight accounts, two email addresses, two faxes on dedicated lines, automated underwriting, instant credit reports, a pager for rates, a cell phone and lord knows what other contraption tio make everything more efficient. Let me ask you son: "How long from application to closing?"
"45 to 60 days" He had me.
"So how far has the process really advanced?" He asked.
"Time for you to go Dad."
This is a true story. I relate it to people all the time and I still think it is funny.
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