Real Estate by Debbie Reynolds

How Long from Contract to Closing in Clarksville TN?

Will It Be Quick or Get Hung Up?

Closing my Clarksville TN homeIt can be very quick to get to closing if there are no contingencies on the sale. The buyer should always take the time to get a home inspection even if the seller is not going to do any repairs.

It can be slow. Financing takes time and can take up to 6 weeks. Cash transactions can close in just a few days if the title exam comes back clean. 

In Clarksville TN many of our financed homes can close in 30 days or under. The lender has to stay on top of the loan processing and the appraiser has to do his job with no delays or hiccups. The buyer cannot cause delays in getting all documents to the lender. The home inspection has to be ordered immediately and resolved favorably. So in 30 days it can be done but it is a very tight time frame. 

Contract to Closing When Buying Your Clarksville TN Home

Contract to Closing When Selling Your Clarksville TN Home

Any glitch along the way like a problem with the home inspection, a low appraisal, repairs required by the lender, a problem with the title, any of these can delay the closing days or weeks. If the underwriter needs more explanation about the buyer's documents or additional verifications, this will hold up the closing. If the buyer has a change of jobs, a change in credit or debt load during the loan process, the deal can actually fall through.

TRID created new rules for disclosures and closing forms. This Know Before You Owe program requires the borrower on financed properties to see the figures 3 days before the closing. This is a good thing and  insures the buyer has seen the charges and knows what to bring to closing. This has made it better for the real estate agent too. Buyers rarely have questions about their loan that have not been answered by the lender. It is all for the purpose of protecting the consumer according to the CFPB. So far this new process delays financed closings 3-5 days. 

Cash closings are not affected by the TRID rules. If the buyer wants a very fast closing and the buyer moves to close without an inspection, a closing can take place in 4-5 days.


How Long from Contract to Closing in Clarksville TN?


When you are ready to buy or sell your Clarksville TN Home then I look forward to serving you. Contact The Real Debbie Reynolds at 931-320-6730.

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

931-771-9070 Office | 931-320-6730 Cell

Clarksville TN Homes 


 Google Plus       Follow me on YouTube       


Comment balloon 7 commentsDebbie Reynolds • August 12 2018 01:30AM
How Long from Contract to Closing in Clarksville TN?
Will It Be Quick or Get Hung Up? It can be very quick to get to closing if there are no contingencies on the sale. The buyer should always take the time to get a home inspection even if the seller is not going to do any repairs. It can be slow… more
What Are the Steps to Buying a Home?
Here Are the Steps to Buying Your Clarksville TN Home First time home buyers are confused and often don't know where to start in their home search. Even experienced home buyers get the steps to buying in the wrong order so it's good to take a look… more
Buyer Wants to Know What Happens After the Contract is Accepted
See What Happens in Clarksville TN Buyers want to know the next steps after the seller has accepted the offer. New buyers especially need to know what to expect. They have no idea and don't want to ask dumb questions. If buying using cash and no… more
Coming Soon, Crosswinds Subdivision Home in Clarksville TN
Affordable Home Coming to Market Soon This like new home is just days from being available to buyers. It has a great lot and lots of details and upgrades. Of course it has a privacy fenced backyard and a covered deck. Crosswinds is a popular… more
Why Buyers Choose Condos and Townhomes in Clarksville TN
Buying a Condo or Townhome Has Benefits Not every buyer wants to live in a condo or townhome but for those that do, they love them. I see many advantages of living in a condo as opposed to a single family detached home. It is much more of community… more
Is a New Home Better than an Older Home?
Is a New Home Better than an Older Home? Not necessarily. In many cases, it comes down to which home do you like. Which home has the features you want and which home is the better value. The thing about new homes in Clarksville TN is that they are… more
Why Do Buyers Want to Know Days on the Market?
Inquiring Minds Want to Know. This is a point of discussion in almost every showing when a buyer is really interested in a property. How long has this property been on the market? In a hot market, buyers may be asking it because they know… more
You Have a Contract, Now What Happens?
Congratulations, Your Offer Was Accepted The work isn't over because there are a lot of hurdles to cross to get to the closing table. If this is your first home or haven't bought a home in a long time, you may not be familiar with all the steps… more
Neighborhoods in the Clarksville High School Zone
Homes for Sale in Clarksville High School Zone, Clarksville TN Families with children are concerned where they buy a home with the choice of high school is highly important to them. I hear buyers say they want to live in one high school zone over… more
Spring is on the Way in Clarksville TN
Don't Delay, Start Your Home Searching Now The sunshine, daffodils and budding trees are telling us that spring is just days away. Spring sports and practices are in full swing and families are on the move. Spring fever means that thoughts turn to… more