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Joshua Tobin
  • Ballston Spa, NY
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Cash closing - better understanding the process

Joshua Tobin
  • Ballston Spa, NY
Posted Nov 1 2017, 06:51

I'm in the midst of closing in on my first deal involving all cash financing. I signed the contract and put up the good faith deposit 2.5 weeks ago on the 16th. The attorneys initially gave the 10th of November as my tentative closing date. Since this is a cash deal I had assumed I'd be able to close much sooner than 4 weeks. I've made it clear to both my agent and attorney I'd like to close ASAP. 

Can someone give better insight to what is happening? I know there is a title search that needs to complete. Is this the normal time frame? If not what should I do differently next time? I'm about to reach out to the attorney directly but would like to be educated on what I can do differently for my next deal. Thanks in advance!

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