turn times

Competitive Advantage: 21 Day Escrow Will Appeal to Sellers of Foreclosures

March 7, 2010

Buyers Beware!

Can a 21 day escrow on your purchase offer give you a competitive advantage over other offers?
You Betcha! Sellers want to sell as soon as possible. You want a competitive advantage. This is the best of both worlds.
Typical escrow period listed on a purchase offer is 30 days from accepted contract. Most lenders will need [...]

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It’s all about the Timing…Understanding Lender Turn Times

October 12, 2009

Loan Programs

Time can be your best friend or it can be your worst enemy when you’re talking about buying a new home.
The “Time” I want to talk to you about is ”Turn Times” from your lender. The Turn Time is the amount of time, usually measured in days (sometimes hours) that it will take for your loan [...]