why does it take 45 days to close on a house

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How Long Does It Take to Close on a House? How Fast Can a VA Loan Be Processed? | Pocketsense – The closing appointment will take one to three hours, depending on the requirements set forth by the lender. At the closing appointment, the buyer will sign off on all of the final documents required by the lender to record the deed to the property at the county clerk’s office, which effectively transfers ownership of the property to the buyer.

How long is it taking to close an FHA loan? I’ve heard everything from 2 weeks to 45 days. What is realistic? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

So let’s take a closer look at what happens on closing day for home buyers. What Happens at Closing for Buyers. In a real estate context, the word "closing" is basically synonymous with "signing." Reviewing and signing documents is the bulk of what a home buyer does during this process. But that’s not all that happens.

Why do appraisers take so long to finish the report? –  · It’s been 10 days!! What is going on? Here are some reasons why the appraisal might be taking so long. Liability: Appraisers have to support the value in the appraisal report and be liable for that value, so appraisers should take their time to finish a job right (within a.

How long does it take to close on a house? According to loan software company ellie Mae, it took 44 days to close a home purchase loan as of October 2017.. 45 days, or 60 days with extended.

House closing.45 days? | Yahoo Answers – We’re not getting a house inspection done, as we’re buying the house as-is. We’re going through a lawyer/title company since we’re not using a realtor.. show more My mortgage lender is saying that it will take 30 to 45 days to close on buying a house, and is scheduling the closing for August 28th.

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Frequently Asked Questions About Closings – FindLaw – Unlike other states, the closing attorney in South Carolina is a totally separate party from the title insurance company. The actual 45 minute closing, where the closing documents are signed, represents only about one-fifth to one-tenth of the services your attorney is providing you for.