Welp.. I put on offer on a house
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@IRJ said in Welp.. I put on offer on a house:
@JaredBusch said in Welp.. I put on offer on a house:
@coliver said in Welp.. I put on offer on a house:
@IRJ said in Welp.. I put on offer on a house:
The appraisal came back and we already have some nice equity in our house!!
We were shooting for closing on the 20th and it looks like it is going to happen. The turn around time has been unbelievable .
Congrats it took us 6 months to close on our house.
Short sales and foreclosures can easily take that long. So can some FHA loans.
Was that a normal sale and regular financing?
45 days is the average in Florida to secure the loan. Then maybe another week or two to close
A bit shorter here typically. It is usually 45 days offer to closing.
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Damn 45 days?
I was pre cleared for my loan in under 5 days. I was building the one and only time I've bought... so the rest of that I have no clue.
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@Dashrender said in Welp.. I put on offer on a house:
Damn 45 days?
I was pre cleared for my loan in under 5 days. I was building the one and only time I've bought... so the rest of that I have no clue.
pre-approved is much different than finalizing. Pre-approval can be done in a day if you have all the right paperwork ready.
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@IRJ said in Welp.. I put on offer on a house:
@Dashrender said in Welp.. I put on offer on a house:
Damn 45 days?
I was pre cleared for my loan in under 5 days. I was building the one and only time I've bought... so the rest of that I have no clue.
pre-approved is much different than finalizing. Pre-approval can be done in a day if you have all the right paperwork ready.
Yeah, my pre-approval happened in 24 hours.
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@JaredBusch said in Welp.. I put on offer on a house:
@IRJ said in Welp.. I put on offer on a house:
@Dashrender said in Welp.. I put on offer on a house:
Damn 45 days?
I was pre cleared for my loan in under 5 days. I was building the one and only time I've bought... so the rest of that I have no clue.
pre-approved is much different than finalizing. Pre-approval can be done in a day if you have all the right paperwork ready.
Yeah, my pre-approval happened in 24 hours.
It might have been that short, it was 11+ years ago.. I just recall that was pretty easy...
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@Dashrender said in Welp.. I put on offer on a house:
@JaredBusch said in Welp.. I put on offer on a house:
@IRJ said in Welp.. I put on offer on a house:
@Dashrender said in Welp.. I put on offer on a house:
Damn 45 days?
I was pre cleared for my loan in under 5 days. I was building the one and only time I've bought... so the rest of that I have no clue.
pre-approved is much different than finalizing. Pre-approval can be done in a day if you have all the right paperwork ready.
Yeah, my pre-approval happened in 24 hours.
It might have been that short, it was 11+ years ago.. I just recall that was pretty easy...
But that was just a pre-approval. not the entire loan process.
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@JaredBusch said in Welp.. I put on offer on a house:
@Dashrender said in Welp.. I put on offer on a house:
@JaredBusch said in Welp.. I put on offer on a house:
@IRJ said in Welp.. I put on offer on a house:
@Dashrender said in Welp.. I put on offer on a house:
Damn 45 days?
I was pre cleared for my loan in under 5 days. I was building the one and only time I've bought... so the rest of that I have no clue.
pre-approved is much different than finalizing. Pre-approval can be done in a day if you have all the right paperwork ready.
Yeah, my pre-approval happened in 24 hours.
It might have been that short, it was 11+ years ago.. I just recall that was pretty easy...
But that was just a pre-approval. not the entire loan process.
But of course. I guess the buliding process was so long (9 months) that I don't recall ever waiting on the bank. When the house was close to finished, a closing date was set, about 20-30 days out, then we did the closing paperwork, and I was handed keys and started to move..
Luckily didn't recall being frustrated over waiting on the bank for anything.
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@JaredBusch said in Welp.. I put on offer on a house:
@IRJ said in Welp.. I put on offer on a house:
@Dashrender said in Welp.. I put on offer on a house:
Damn 45 days?
I was pre cleared for my loan in under 5 days. I was building the one and only time I've bought... so the rest of that I have no clue.
pre-approved is much different than finalizing. Pre-approval can be done in a day if you have all the right paperwork ready.
Yeah, my pre-approval happened in 24 hours.
Same here mine was a few hours, closing on the house was a few months because the bank was so backed up.
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My pre-approval was in minutes. Since I am employed by the lender that could verify my employment and see my bank account right away. All they had to do was pull my credit score and I get the letter in hand 10 minutes later.
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@Dashrender said in Welp.. I put on offer on a house:
@JaredBusch said in Welp.. I put on offer on a house:
@Dashrender said in Welp.. I put on offer on a house:
@JaredBusch said in Welp.. I put on offer on a house:
@IRJ said in Welp.. I put on offer on a house:
@Dashrender said in Welp.. I put on offer on a house:
Damn 45 days?
I was pre cleared for my loan in under 5 days. I was building the one and only time I've bought... so the rest of that I have no clue.
pre-approved is much different than finalizing. Pre-approval can be done in a day if you have all the right paperwork ready.
Yeah, my pre-approval happened in 24 hours.
It might have been that short, it was 11+ years ago.. I just recall that was pretty easy...
But that was just a pre-approval. not the entire loan process.
But of course. I guess the buliding process was so long (9 months) that I don't recall ever waiting on the bank. When the house was close to finished, a closing date was set, about 20-30 days out, then we did the closing paperwork, and I was handed keys and started to move..
Luckily didn't recall being frustrated over waiting on the bank for anything.
When there is no seller involved it's easier to get what they need and no hold ups. Plus the 9 month build gave them plenty of time to do what is needed to be done.
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@JaredBusch said in Welp.. I put on offer on a house:
@scottalanmiller said in Welp.. I put on offer on a house:
New York is often insanely slow. Not that slow, but slow. Texas was so fast, we had no idea what was happening it happened so quickly.
We are in process right now. Offer signed last Tuesday, inspection was Friday. The underwriters had all the paperwork late Friday and will start that process today.
You guys are moving along pretty fast, too.
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@IRJ said in Welp.. I put on offer on a house:
@JaredBusch said in Welp.. I put on offer on a house:
@scottalanmiller said in Welp.. I put on offer on a house:
New York is often insanely slow. Not that slow, but slow. Texas was so fast, we had no idea what was happening it happened so quickly.
We are in process right now. Offer signed last Tuesday, inspection was Friday. The underwriters had all the paperwork late Friday and will start that process today.
You guys are moving along pretty fast, too.
Motivation. Our lease is up on the unit we are in at the end of June. We like the house, but I was seriously worried about the time to close and getting possession in time.
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@JaredBusch said in Welp.. I put on offer on a house:
@IRJ said in Welp.. I put on offer on a house:
@JaredBusch said in Welp.. I put on offer on a house:
@scottalanmiller said in Welp.. I put on offer on a house:
New York is often insanely slow. Not that slow, but slow. Texas was so fast, we had no idea what was happening it happened so quickly.
We are in process right now. Offer signed last Tuesday, inspection was Friday. The underwriters had all the paperwork late Friday and will start that process today.
You guys are moving along pretty fast, too.
Motivation. Our lease is up on the unit we are in at the end of June. We like the house, but I was seriously worried about the time to close and getting possession in time.
We went through the same thing. Our house was rented up till the end of May
