Real Estate by Debbie Reynolds: How Long Does It Take to Close a Home in Clarksville, TN?

How Long Does It Take to Close a Home in Clarksville, TN?

How Much Time Does It Take to Get to the Closing in Clarksville, TN?

Both buyers and sellers want to know how fast they can close once they have reached an agreed contract. The answer is it depends. 

How long does it take to close on a home in Clarksville Tn?

If the transaction is a cash deal with no contingencies then it can close very quickly, usually within a week's time. If the buyer makes the contract contingent on an appraisal or home inspection then it will likely take up to 3 weeks. 

If the buyer is getting financing that requires an appraisal and the buyer also gets a home inspection, then the timeline is moved out to about 30 days. Processing and underwriting takes time and then there are the required disclosure periods that must be given. It could take longer if the appraiser is backlogged or there are required repairs that will need to be reinspected to get the loan approved.

Regardless, having a good agent to guide you will help keep the transaction on track and reduce the number of days. The agent will stay on top of what is needed to get it closed and use gentle nudging to create a sense of urgency.

It is usually in the best interest of all parties to move toward a quick closing while satisfying all requirements of the contract.

How Long Does It Take to Close a Property in Clarksville, TN?

When you need an agent in Clarksville, TN 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

                   
                   
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Clarksville TN Homes 

                 

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Comment balloon 20 commentsDebbie Reynolds • April 20 2017 02:42AM

Comments

That is a quick turnaround when financing in your area, Debbie Reynolds. I see longer periods here in Sarasota and in many cases, even longer in San DIego.

Posted by Sandy Padula and Norm Padula, JD, GRI, Presence, Persistence & Perseverance (Realty National) about 1 year ago

This is very good information to share with prospective home sellers and home buyers.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) about 1 year ago

Debbie, great post, as this is a common question asked by most buyers.   We usually figure 30-45 days on financed transactions.

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) about 1 year ago

Great question and great answer Debbie Reynolds , have a good day

Posted by Scott Godzyk, One of Manchester NH's Leading Agents (Godzyk Real Estate Services) about 1 year ago

Debbie closing in 30 days with financing is really good these days.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) about 1 year ago

Debbie, this is a great post for buyers to read and I like that you note how much it varies. We work with a couple lenders here that can close in 2 weeks but, we only do that if absolutely necessary. 21-30 days tends to be much easier on all parties here most of the time.

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) about 1 year ago

Debbie

Good insight on how long it takes to close a home in Clarksville Tennessee.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) about 1 year ago

Good Morning Debbie - yes that is a quick turn around for financing.  It is important for the buyer to find the right mortgage company.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 1 year ago

Having the right agent representing you is key to making it all happen as fast as possible! Great information for both buyers and sellers, Debbie!

Posted by Sharon Tara, New Hampshire Home Stager (Sharon Tara Transformations) about 1 year ago

Hi Debbie Reynolds - You are right on target with your analysis...I have been getting spoiled dealing with a lot of cash transactions! 

Posted by Sheri Sperry - MCNE®, (928) 274-7355 ~ YOUR Solutions REALTOR® (Coldwell Banker Residential Brokerage) about 1 year ago

Our title companies are on the ball, Sandy Padula and Norm Padula, JD, GRI NMLS#1483386.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 1 year ago

Thank you, Roy Kelley. Have a really nice weekend. 

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 1 year ago

Hi Scott Godzyk, I got the idea from your post.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 1 year ago

If the loan is USDA or THDA I plan for 45 days, Joan Cox.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 1 year ago

Hi Sheri Sperry - MCNE®, cash can spoil us.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 1 year ago

Thank you Sharon Tara, most buyers and sellers ask this question.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 1 year ago

Oh yes the mortgage company is the key, Grant Schneider.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 1 year ago

I agree it is meaning everyone is doing their job, George Souto.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 1 year ago

Hi Lou Ludwig, that is good for our buyers and sellers.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 1 year ago

Too big of a rush is just plain stressful, Amanda S. Davidson. I like to have a little more time.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 1 year ago

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