Northern Jersey Escrow and closing procedure for Cash Deals
I am looking for a basic breakdown of documents/procedures/timelines for a Cash closing in Hudson County, NJ. I am familiar with the purchasing process using an agent and know that because of the Mortgage it is a pretty slow process, but I am curious to know how much faster a cash closing can get.
I have scanned through the statutes but cant find any real useful info.
What is the bare minimum of documents and people needed to close in cash?
Is Closing Agent and Title Company enough?
Is there a minimum time from opening Escrow to Closing?
Are financial statements necessary from buyer/seller?
Any information would be helpful, as I am currently just educating myself in the process...
Thanks,
Jon