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estimated time frame for residential closing

Published Mar 10, 2006 by Judy Marciano | E-mail this post

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Week 1
contract and attorney review period (good chance this will be more than one week)
Week 2
home inspection
Week 3
notify seller of home inspection results
Week 4 - 6
wait for mortgage loan approval
Week 6 - 8
Buyer receives mortgage loan approval, buyer's attorney sends title work to mortgage lender for review
Week 8 - 10
Mortgage lender approves title work and schedules closing. Buyer obtains hazard/liability insurance. Buyer does final walk-through inspection

Closing.

About me

  • I'm Judy Marciano
  • From Hoboken, NJ, United States
  • Thanks for checking out my blog. I am a full time licensed NJ real estate agent in Hoboken at Empire Realty Group. As I go thru Hudson County each day, often I stop to take a picture. Feel free to contact me for any real estate assistance at jmarciano@empiregroup.com

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