Now That The Holiday Season Has Started, It’s Best To Speed Up Your Home Closing
Just because you will be working through the New Year doesn’t mean that the people involved in your home sale/purchase will be.
It’s officially the Holiday Season and productivity tends to drop because of vacation, office parties, and shopping.
Think about all the people required to make your closing go smoothly:
- Real estate agents for both parties
- Mortgage loan officers, processors and underwriters
- Escrow/title agents
- Real estate attorneys
- Appraisers
- Home inspectors
Now, consider that there are 26 business days left in the year.
The tme between Christmas and New Year’s Day is practically lost because of vacations and family time.
That’s 5 days.
Then, Christmas Eve falls on a Monday, so let’s exclude that day, too. And, while we’re being realistic, let’s treat the Friday prior as a travel day.
So, that leaves 19 business days between now and the New Year — not a lot of time.
If you’re buying a home and trying to close before the end of the year, pay close attention to the calendar. Because of seasonal vacations and a general work slowdown, make a point to “front-load” your calendar to avoid scheduling and timing snafus.
With so many people involved in a transaction and many of them planning time off, it’s best to get all of the work done as soon as possible.
