Bank Deals seem to be taking longer and longer!

Have you checked how long large Financial Institutions are taking to close the deals they approve. On average in western New York a Cash Sale normally takes 30 days, and a Bank Loan normally 60 days on average. Those numbers no longer seem to be the case. In a recent email from Nancy Saia (Director of the BAR Association WNY '08-'10), she stated that deals are taking longer and longer, 75 days to close with a Bank, and in some cases even longer. It's really no surprise though, since 2008, many Large Financial Institutions having been laying off, or terminating some positions in underwriting, loan processing, etc.... The thing is Banks that are Publicly Offered have a responsibility to not you the consumer, but to their Stockholders! This seems to be the major issue, while home purchasing has remained steady in the Western New York. The process of closing a home has increased by a week at least in most cases that I see. Be more realistic about when you're closing on the purchase of your home. Speak with a professional and ask them to keep you in the loop throughout the whole process.  If you feel that your not happy with the service your getting then Shop Around, they should be working for you! And give some serious thought to smaller local lenders, who in most cases can offer you same Bank services, and a local connection, and smaller offices will mean you talk to someone LOCAL!!!! Disconnect is really the time killer on Home Loans, but either way be realistic about how long it will take to close you home purchase. It may end up saving you a major headache.