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Old 09-30-2009, 10:32 AM
 
861 posts, read 2,562,312 times
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Today will be 1 week for us. I thought it would only take 3 days...?

I am not sure why. The changes we have been going back and forth over are really no big deal.... who holds the money til closing, changing the word "calendar days" to "business days", where the closing will take place, etc.

We have our inspection scheduled for this Friday, and I am hesitant to go through with it if the house is not "officially ours". Thoughts? Experiences?
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Old 09-30-2009, 10:40 AM
 
Location: NJ
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Ours only took about 2-3 days with minimal changes. Ask your attorney what is going on.
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Old 09-30-2009, 11:29 AM
 
Location: 32°19'03.7"N 106°43'55.9"W
8,486 posts, read 18,715,808 times
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Same with us here. Three times, three different real estate transactions, all were a 2 to 3 day timeframe.
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Old 09-30-2009, 11:30 AM
 
Location: NJ
31,774 posts, read 36,410,141 times
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who is going to hold the money until closing?
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Old 09-30-2009, 11:40 AM
 
95 posts, read 502,192 times
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"I am hesitant to go through with it if the house is not "officially ours"" -- Smart move! Ours took 8 days, sellers' attorney was dragging his feet, so I had to call him myself after he didn't respond for a few days and straighted it out. Don't be afraid to call sellers/their broker/attorney, you are all in the same boat here so it is best if everyone is on the same page.
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Old 09-30-2009, 12:51 PM
 
268 posts, read 723,688 times
Reputation: 72
Quote:
Originally Posted by O-er in WO View Post
" Don't be afraid to call sellers/their broker/attorney, you are all in the same boat here so it is best if everyone is on the same page.
I've been told its not a good idea to contact the seller or the listing agent... Apparently it can effect your realtors fee.
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Old 09-30-2009, 12:54 PM
 
861 posts, read 2,562,312 times
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Quote:
Originally Posted by CaptainNJ View Post
who is going to hold the money until closing?
It was Weichert, it is now the attorney.
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Old 09-30-2009, 01:05 PM
 
1,235 posts, read 3,717,354 times
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It goes on as long as both parties need it to go on, or until one backs out.

I wouldn't do an inspection until you are out of attorney review though. You never know.
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Old 09-30-2009, 01:08 PM
 
Location: New York City
18 posts, read 69,378 times
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I think we are currently getting out of attorney review. We signed our updated Rider and they are sending us the final contract to sign. We have been in it for about 10 days because the seller wanted to keep their washer and dryer, decided to change some numbers (regarding days we have to get an inspection done, etc.)
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Old 09-30-2009, 01:12 PM
 
1,173 posts, read 4,455,753 times
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Ours took 2 weeks, it was such a PITA! Same as with you nothing major was being changed but between playing phone tag with our attorney then her going back and playing phone tag with the sellers attorney then the seller working crazy hours and refusing to go over house stuff with her attorney while she was at work. It was nerve wracking! But finally we got through it, we're still wating to close (oct 15th!!)

I just wish there could be a confernce call scheduled with all involved parties, 1/2 an hour DONE! Wishful thinking I guess...

As far your home inspection I think you'd be wise to postpone, most companies can usually schedule you 2 or 3 days out so it shouldn't be hard to get another appointment, just call and let them know you are still in attorney review, they should understand.
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