I feel very lucky to have sold 16 houses over the past 2 months. 5 have closed. I feel it is harder to close homes now that the past 10 years that I have been a real estate agent. The banks are requiring more and more documentation. The cash buyers are more demanding on repairs and taking longer to get their money to escrow to close. The county is more thorough on the paperwork to close. Add this all up and 30 day closings are going to 45 and 60 days+. I even have one that is 120 days and still counting. Dotting the i's and crossing the t's is more important than ever.
LORI BOWERS
http://www.desertareahousingmarket.com
The Lori Bowers Group
A boutique Real Estate Office, with a full service team to serve all your Real Estate Needs
La Quinta, Palm Desert, Indio, Rancho Mirage, Coachella , Indian Wells and the surrounding Palm Springs Area.
78065 Main St., Suite 107
Old Town La Quinta
La Quinta, CA 92253
Phone: (760)777-8788 • Fax: (760)771-5355
Lori, it certainly is harder to close these days, for a variety of reasons... real estate is not for the weak of heart, LOL.