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Originally Posted by Shimpy
Our home is on the market and we will be buying as soon as we have a deal and a closing date. My question is how long can we expect to have to wait to have a closing on our home in TV. I realize there are many variables that influence the time. We expect to finance the home with approximatly 60 to 80% down and have excellent credit. I ask because we're not sure where we will stay while waiting for the closing and after leaving our current home in S. Fla.
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You are correct. Many variables. New construction, new spec home, MLS, by owner, mortgage company, title company and, last but not least, a lot depends on the closing date on your existing home. It may be best if you check with your broker. If it is the developer they will give you a firm date. Others should include date in the sales contract.